IDG operates under the philosophy that there is no cookie-cutter solution for SEZ development. While general best practices exist, each zone to be developed must reflects a country’s unique socio economic position and must take into account its long-term development goals. The successful creation and operation of a special economic zone recognizes a country’s unique position and applies the correct strategies that mirrors its goals.
IDG with its expertise in advising on SEZ development strategy is in a prime position to aid countries in the following capabilities:
IDG’s experts have experience in conducing feasibility studies of SEZs. Our seasoned team has global experience in assessing not only the financial and economic viability of economic zones, but determining the type of physical on and off-site infrastructure, environmental, and engineering requirements for a zone in order to best plan and design the facilities for sustainability and viability, setting the zone up for short, medium and long-term success.
IDG is a leader in examining the business and enabling climate of a country, region, urban and rural area (the process of doing business and implementing reforms) that eliminates barriers, reduces associated costs and streamlines processes and procedures in order to promote increased and varied new local and foreign investment. Our experts in business regulation and One-Stop Shops design have helped countries become more competitive by assessing the constraints to business growth and identifying opportunities for improvement that helps position a nation’s SEZ regime and framework through targeted reforms.
IDG is experienced in assessing identifying and assessing appropriate institutional structures for an SEZ regime. Our team can set up institutional frameworks, design institutional structures for the SEZ Authority and clearly define institutional and organizational roles that increase operational efficiency, improve transparency and reduce transactional costs. Our experts draw from their vast experiences, lessons learnt, and global/international best practices to advise on procurement processes, structuring PPPs, standard operating procedures, and capacity building for SEZ regulators.
We support Indo-Pacific economies to leverage PPPs in increasing investment for large infrastructure projects contributing to sustainable development that include improved roads, power generation, transmission and distribution, and transport facilities.
The Tripoli Special Economic Zone (TSEZ) Project entailed drafting a feasibility study and master plan for a Special Economic Zone in Lebanon’s northern city of Tripoli, with the intent of facilitating job creation in an important part of the country outside the capital city. The TSEZ seeks to reduce barriers to doing business and to enhance collaborative opportunities for investment and export-led growth. IDG estimated the rate of growth of the zone so that infrastructure could be planned and phased in a manner that minimized costs, adopting a low-carbon philosophy in the design of infrastructure in the Tripoli Special Economic Zone (TSEZ). IDG conducted assessments of off-site infrastructure—power, water, waste treatment facilities, and telecommunications—and transportation facilities, and estimated the costs associated with necessary upgrades the government must make to ensure project success.
IDG created a feasibility study and master plan for the planned Caymanas Special Economic Zone (CSEZ) through the World Bank. The main objective of this project was to prepare a comprehensive feasibility study for the CSEZ in Jamaica that considered the best uses and development phasing of the 1,200-acre CSEZ site, in a manner that is financially feasible for a private developer, PPP, or other arrangement. The zone operated under the rubric of Jamaica’s SEZ and PPP policies. The study also drew on best practices in the Caribbean and those linked to transshipment hubs globally, and considered the particular circumstances that affect private investors in Jamaica.
IDG reviewed a franchise program sponsored by the Malaysian Government with the specific aim of increasing investment and SME ownership opportunities for ethnic Malays, mainly through developing or acquiring franchises.
As a part of the investment opportunities study, PPPs were discussed as an opportunity for investments with maximum returns and growth potential for existing and potential investors, particularly in agriculture.
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