WHY SET UP AN EPZ?

The objective is always to attract investment that would otherwise not materialise. Countries look to such investment to:

• create jobs,
• earn foreign exchange,
• boost the export sector, particularly non-traditional exports
• raise the standards of local industry,
• transfer skills and technology,
• attract investors into specific activities regarded as strategically important to the economy eg. electronics, information technology, R&D, tourism, infrastructure and human resource development.
• develop backward regions,
• and even to kick-start the economy as a whole.