Special Economic Zones are designated areas within a country that offer various incentives and
benefits to attract domestic and foreign investments. This is equipped with state-of-the-art infrastructure, including a reliable power supply, transportation networks, and modern warehousing facilities. It offers well-designed warehouses equipped with advanced storage systems, temperature
control options, and security measures to cater to various industries’ specific needs.
FTZs promote international trade by facilitating import and export activities with minimal
customs restrictions and simplified procedures. FTZs often provide value-added services like labeling, packaging, assembly, and quality control within their warehousing facilities, catering to diverse business requirements.
Industrial parks are designed to accommodate industrial and logistics activities, including storage, distribution, and transportation of goods. These parks are strategically planned and developed to provide a conducive environment for businesses involved in warehousing operations. Some industrial parks, especially those located near borders or in free trade zones, may provide customs and trade-related services. Overall, industrial parks focused on warehousing play a vital role in supporting supply chains and logistics operations. They provide a dedicated space for businesses to store, manage, and distribute goods efficiently, contributing to regional economic development and
trade.
I must explain to you how all this mistaken idea of denouncing pleasure and praising pain was born and I will give you a complete
Morgan King