Free Zone is an institute of international economic policy which gives incentives to investments, production and trade and boosts economic development.

It is specially fenced in and marked part of a country’s territory where economic activities are performed under more liberal foreign trade, customs, tax and other conditions.

Free Zones represent logistic centres which provide all the services at one place - one stop shop for production, warehousing, loading and unloading of goods, transport, freight forwarding, simplified customs and administrative procedures.

Free zones are established with the following goals:

* Attracting export oriented investments
* Technology and knowledge transfer
* New jobs – employment
* Activating hinterland – domestic industry development
* Faster break through to the foreign markets
* Concentrating international trade through controlled channels