Cape Verde : free zone pre-feasibility study

This report examines the potential for establishing two other types of free zones in the country: commercial free zones, which revolve around the transshipment and re-export of goods; and industrial free zones, which comprise manufacturing, processing, assembly, and export operations. After an introduction and a general description of the types of free zones, Chapter III covers the international market for free zones, including trends in international production sharing, geographical and sectoral composition of free zone firms, and market access around the world. Among the industries commonly found in free zones are apparel, electronics, light manufacturing, agricultural and fishery products, and informatics. Chapter IV looks at factors affecting the free zone policy environment, such as access to zone benefits and types of incentives, while Chapter V examines the Cape Verdean environment, including labor, infrastructure, transportation, capital, and current manufacturing and trade patterns. Prospective free zone sites and sources of finance and technical assistance are covered in Chapter VI. Chapter VII focuses on the country"s legislative, institutional, and regulatory environment, covering in detail key legislation and institutions overseeing export activities. In Chapter VIII, an overview of proposed commercial free zone projects is presented. The viability of establishing industrial free zones in Cape Verde is examined in Chapter IX, together with overall conclusions and recommendations. Includes bibliography.