The declared zone encompasses approximately 3,000ha of land, which is divided into residential and light industrial areas.įumba zone is an excellent location for real estate development, customer-tailored construction of industrial sheds or warehouses, and light engineering projects that make the best use of locally available raw materials. It is located on the southwest coast of Unguja Island, about 24 kilometers from Malindi seaport and 10 kilometers from Zanzibar’s main airport, Abeid Amani Karume International Airport (AAKIA). In 1992, Fumba Zone was designated as an Export Processing Zone (EPZ). Zanzibar currently has five Free Economic Zones: The Zanzibar Revolutionary Government is welcoming the private sector in infrastructure development in the Free Economic Zones through Public-Private Partnership (PPP) arrangements. Companies that locate their operations in these designated areas of Zanzibar generally benefit from simplified customs and other administrative procedures.Īs the custodian of the Free Economic Zones, Zanzibar Investment Promotion Authority (ZIPA) readily offers potential investors land, office space, and warehouse space for lease in the zones.
Free Economic Zones were created specifically to attract investment, particularly foreign direct investment (FDI), in labor-intensive projects to increase exports.
Free Economic Zones (FEZs) are geographical areas that have more enticing incentivized economic regulations than the rest of the country.
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