Strategic Advantage through Global Economic and Free Trade Zones
From Apple to General Electric, global power players operating on a global landscape have benefited and succeeded by capitalizing on accessing markets through free trade zones and economic advantages for decades.
Free Zones operate outside the traditional jurisdiction and regime of the home country, providing everything from transparent legal structures and accountability in international courts to tax breaks that can keep your business clear from duty import/export tax for up to 30 years.
From financial centers in Dubai, service centers in India and manufacturing bases in Latin America, these zones have allowed businesses to settle in a new market, avoid the pitfalls of a direct dive market entry and start growing their presence from a strong base in business standards second to none.
Traditionally these zones have been kept quiet in the top echelons of Fortune 500 companies as they offer a extreme competitive edge, but increasingly free trade zones have opened up to incubators, startups and SME’s who are looking to access a new markets. Whether to produce more efficiently, distribute to a new demographic, or expand relationships to serve multinationals on a global level – free trade zones have consistently offered the best and efficient access points to new markets.
The panel looks at how the multinationals have succeeded, the path they have set and the growth opportunities available to new companies exploring global expansion.
Friday, October 21
11:15 am – 12:30 pm
Dr. Mohammed Al Zarooni – Director General of Dubai Airport Freezone (DAFZA)
Wayne Coleman – President & COO, FTZ Networks
Samir Hamrouni – CEO, WorldFZO (moderator)
Lewis Leibowitz – Founder, The Law Office of Lewis E. Leibowitz
Carlos Wong – CEO & General Director, Coyol Free Zone