World Bank

Madagascar SEZ Bill Adopted

Early last week the Madagascar Council of Ministers adopted the SEZ Bill prepared with the technical assistance of Locus Economica in the 2015-2017 period. We had generous assistance from local counsel from the MCI law firm. The entire project was backed by funding from the World Bank Growth Poles Project.

Strengthening Bangladesh's Economic Zones & IT Park Authorities

In 2016-2017, the World Bank retained Locus Economica to assist the Bangladesh Economic Zones Authority (BEZA) and the Hi-Tech Parks Authority (HTPA) with its economic zones (EZs) and hi-tech parks (HTP) programs...

Driving Progress in Chile's Zonas Extremas through Free Zones

Chile's far northern and southern regions - the "zonas extremas" - host two strategically important free zones. From October 2016 to March 2017, the World Bank retained Locus Economica to assist the Chilean Ministry of Finance, as well as several regional and local entities, with efforts to improve the free zones programs. ...

Guiding the Development of Madagascar's Special Economic Zones Program

In 2015, Locus Economica assisted the government of Madagascar as part of a World Bank / International Development Association (IDA) technical assistance program. Our work involved helping develop a legal, regulatory, and institutional framework  for SEZs in Madagascar. These efforts included ...

Diagnosing Peru's Special Economic Zones against International Best Practices

The World Bank requested Locus Economica's assistance to analyze Peru's special economic zones (SEZs) and provide policy options in late 2015. Peru has multiple overlapping zones laws, all designed to promote industrialization in key sectors. Four of the country's seven zones are operational and attract investment through a combination of fiscal incentives and duty free treatment of imports.

We assisted the Peruvian government by ...

Modernizing Kenya's Special Economic Zones Law and Regulations

Under multiple assignments for the World Bank since 2013, Locus Economica has been working closely with the Kenyan Ministry of Industrialisation and Enterprise Development and with Parliament to help facilitate the drafting of a new special economic zones law and implementing regulations.  The law represents a critical departure from...

Ethiopia Special Economic Zone Policy and Legal Framework

Since 2013, Locus Economica has been working under a World Bank contract to assist the government of Ethiopia with the development of its new Industrial Park program.  Specifically, Locus Economica has: Helped draft a new Industrial Park Proclamation ...

Harnessing Global Opportunities through Special Economic Zones in Pakistan

In 2015 the Punjab Board of Trade and Investment and the Pakistani Ministry of Commerce reached out to Locus Economica for assistance on revisions to its special economic zones (SEZ) program.  Working in coordination with the World Bank Jobs and Competitiveness Program, we led workshops with Pakistani government officials, consulted with stakeholders on the context and priorities for the zones program, and thoroughly reviewed and gave recommendations on Pakistan's current SEZ policy, laws, institutions, and plans for specific sites. 

Revitalizing Mexico's South through Special Economic Zones

Locus Economica provided technical assistance to the Government of Mexico in 2015 on the development of a special economic zones program.  President Nieto announced the program to combat serious poverty and crime in the southern states of Chiapas, Guerrero, and Oaxaca. The zones are intended to improve conditions in these states by attracting new investment, creating jobs, developing supply chains with the local economy, and improving infrastructure. ...

Madagascar Diagnostic Trade and Investment Study

In 2014, the World Bank contracted Locus Economica to update certain aspects of its 2003 Diagnostic Trade and Investment Study of Madagascar.  Under this contract, we analyzed potential changes to the country's free zone program and reviewed the Africa Growth and Opportunity Act (AGOA) ...

Stimulating Job Growth and Poverty Reduction through the Kinshasa Special Economic Zone, DRC

In 2014, Locus Economica advised the Democratic Republic of the Congo (DRC) through the IFC on the feasibility of implementing an SEZ program in its country.  Our assistance consisted of recommendations on the establishment of a secure legal framework for private-sector investment in the DRC. The DRC has sought to establish Kintech, a privately managed SEZ...

Assessing the Feasibility of Kuwait Economic Zones

In 2013 and 2014, the World Bank contracted Locus Economica to peer review feasibility studies being prepared by Skidmore, Owings & Merrill regarding the development of special economic zones in Kuwait. These studies were enhanced and augmented in line with international standards based on Locus Economica's recommendations. 

Pre-Feasibility Study for the Kuwait Digital Oasis

In 2013, Locus Economica was retained by the World Bank to assess the opportunity and potential nature and location of a technology park in Kuwait on behalf its central agency for information technology (CAIT). The firm provided strategic and real-estate market recommendations in this context.

Economic and Legal Pre-Feasibility Study for the Kuwait Petroleum Industrial Park

The World Bank again contracted Locus Economica in 2013 to assist with the economic and legal possibilities for the creation of the Kuwait Petroleum Industrial Park.  The firm provided guidance concerning SEZ strategy and operations, project management, and economic and sector analysis.

Haiti Special Economic Zones Law Drafting Project

Under several successive assignments throughout 2013, the World Bank and the Ministry of Industry of Haiti, contracted Locus Economica to review existing industrial zones legislation and draft a new SEZ law for the country. Locus Economica also made high-level presentations to various stakeholders in the country while they workshoped and validated the proposed bill. ...

Russia Special Economic Zones Program Review and Loan Preparation

In 2013, the World Bank contracted Locus Economica to assist in evaluating a loan request from the Russian government. Specifically, the firm assessed the potential policy and technical needs of the country’s zones and the budget requirements for addressing those needs through World Bank assistance. The firm visited six Russian special economic zones and met with their management teams to offer guidance and advice as needed.

Macedonia Special Economic Zones Program Review and Training Exercise

2013, Locus Economica was contracted by the World Bank to assess whether Macedonia's Technological Industrial Development Zones (TIDZ) program was compliant with the country’s European Union and World Bank obligations.  Our assessment included recommendations for enhancing not only the program's compliance with international commitments but also its legislative competitiveness.  We also helped train civil servants responsible for the program under this contract as seen in this picture.