An international forum on the role of free and industrial zones in attracting investment
25/10/2017 12:00 am
[rtl]Tangier / Morning follow-up
An international forum on the role of industrial zones and free zones in attracting industrial investment and export development held in Tangier, Morocco, will conclude on Wednesday with a number of officials, businessmen and investors.
The forum, organized by the Arab Industrial Development and Mining Organization (AIDMO) in partnership with the Chamber of Commerce, Industry and Services in Tangier, aims at presenting the investment opportunities, advantages and incentives available in the Arab countries and trying to monitor the trends of local and international markets.
"The free and industrial zones help to promote investment and localization of small and medium-sized enterprises, which are essential for the development of the Arab economy and the fight against unemployment by increasing employment opportunities, as well as contributing to the transfer and resettlement of technology and improving the quality of products and services," said Adel Al-Saqr. .
He pointed out the efforts of the Organization to support the Arab countries in "launching industrial zones and free through conducting marketing and technical feasibility studies and holding conferences and meetings to exchange experiences, discuss problems and seek solutions, as well as preparation of a consultant guide on investment in Arab countries."
"The free and industrial zones are, in general, areas of development, technology transfer and export development that enable countries to cope with the challenges of globalization and rapid developments in the international economy," said Mukhtar Werida, assistant director of the Islamic Center for Trade Development.
He called on the Arab countries to "develop specialized industrial zones that will ensure a range of incentives to become centers for attracting foreign investments and settling technology."
During the forum, several topics were discussed, such as the development of industrial zones and free zones, the reality and prospects of the industrial and free zones in the Arab and Islamic countries, and the legislation and advantages of investment in the industrial and free zones in the Arab countries.[/rtl]
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