Special Economic Zones (SEZs) are specially planned economic zones operating outside of Jamaica’s customs territory with attractive incentives where licensed activities, will takes place with the requisite supporting trade andbusiness facilitation. The modern SEZ regime is different from the existing Free Zone regime which mandates that 85% of goods produced in the zone have to be exported. The SEZs will permit the importation of goods manufactured in the zone into the national territory without any restrictions other than the application of import duties and taxes.
- Log in to post comments