Namibia to commence SEZ status in port town

A plan to start a Special Economic Zone (SEZ) in Namibia is expected to be implemented next month, Namibian Minister of Industrialization, Trade and SME Development Tjekero Tweya said.

The move is meant to drive investment in the coastal town of Walvis Bay which harbors the country’s port facility.

“We are left with only a few logistics on the policy itself which we are finalizing between the Ministry of Finance and the Ministry of Industrialization,” Tweya told Xinhua. “Once that is ironed out...

https://container-news.com/namibia-commence-sez-status-port-town/

JNPT calls bids to develop SEZ on 296 acres

The JNPT Port, Mumbai, will soon call for fresh bids to develop a Special Economic Zone (SEZ) on 296 acres of industrial area developed near the port. This would be the second bidding process of JNPT management in the last two months.

A senior JNPT official told BusinessLine that the bidding would be on electronic platform and advertisements will be published by Tuesday (Nov. 15). Last time around, the highest bid to buy an acre of land was about 12 crore.

The Shipping Ministry had given its...

http://container-news.com/jnpt-bids-sez-296-acres/