Export Processing Zone (EPZ) Project

OPHIR (OAC) towards - Export Processing Zone

Refers to a designated area with specific institutions, buildings, and services created to attract foreign businesses for export production. It offers more favourable regulations and incentives, such as tax benefits and relaxed labour regulations.

Examining EPZs around the World

Export Processing Zones (EPZs) have emerged as powerful engines for economic growth and development in many countries around the world. These designated areas, where goods can be imported, manufactured, and exported with favorable tax and regulatory incentives, have transformed the economic landscape of numerous nations. In this section, we will delve into some success stories of EPZs, exploring their impact on job creation, foreign direct investment, and overall economic growth.