Under the Patronage of
Vice-President and Prime Minister of the UAE and Ruler of Dubai
10:00 - 11:00
FDI Pillar Session 3 - Special Economic Zone (SEZs) and their Effectiveness in Attracting FDI
SEZs can make essential contributions to the growth and development of an economy. They can help attract foreign investments, create jobs and boost exports – both directly and indirectly where they succeed in building linkages with the broader economy. Zones can also support global value chain (GVC) participation, industrial upgrading and diversification.
Given the rise of digitalisation, the SEZs need to adapt and innovate to attract further investments, making the process of setting up a business simpler and faster. There are nearly 5,400 zones across 147 economies today, up from about 4,000 five years ago, and more than 500 new SEZs are in the pipeline. In this session, the panellist will discuss the advantages of having SEZs and how SEZs are innovating to attract new business.