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This Act provides for — (a) an enabling environment for the development of all aspects of special economic zones including development of integrated infrastructure facilities; (b) the regulation and administration of activities within the special economic zones with due regard to the principles of openness, competitiveness and transparency. It concerns also “livestock zones” (for livestock marshalling and inspection; livestock feeding or fattening, abattoir and refrigeration; deboning; value addition; manufacture of veterinary products, and other related activities) and “agricultural zones” (zones to facilitate the agricultural sector, its services and associated activities). In evaluating applications for special economic zone developer, operator and enterprise licences, the Special Economic Zones Authority established under this Act shall assess the specific engineering and financial plans, financial viability, and environmental and social impact of the applicant's proposed special economic zone project, as appropriate. The Authority shall grant a licence if the application meets the objectives of this Act, and if the proposed business enterprise does not have a negative impact on the environment or engage in activities impinging on national security or presenting a health hazard.
Implemented by: Special Economic Zones Regulations 2016 (L.N. No. 147 of 2016). (2016-06-30)
