Characteristics, Trends, and Way Forward for Special Economic Zones in Africa – Insights from a UNIDO-AEZO Survey.

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The report "Characteristics, Trends, and Way Forward for Special Economic Zones in Africa – Insights from a UNIDO-AEZO Survey" offers a detailed examination of the current state and potential of African SEZs. Drawing from survey data, it outlines key characteristics and trends shaping these zones, emphasizing their role in driving economic growth and development across the continent.

The report identifies several areas where SEZs can enhance their performance, including the need to strengthen management structures to improve efficiency and attract more investment. It also highlights the growing importance of digitalization, noting that SEZs that embrace technology can boost operational efficiency and competitiveness. Moreover, the report stresses the value of diversifying into high-growth sectors, which could help SEZs, reduce reliance on traditional industries and unlock new economic opportunities.

Ultimately, the report points to three strategic pathways forward: improving governance, harnessing digital tools, and expanding into new sectors. These recommendations aim to help African SEZs enhance their economic impact, create more jobs, and attract greater foreign direct investment.

Policymakers, investors, and stakeholders are encouraged to act on these insights to unlock the full potential of African SEZs.

 

Theme
Economy
Sector
Economic Growth
Source
European Union and
Country
Africa
Publishing date
December 2024
Type
Publication

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