free trade zone (FTZ)

Baku has capacity to host Free Trade Zone, expert says

Baku has capacity to host a Free Trade Zone (FTZ), if to prepare a very professional pre- project, design, implement it by phases and critical a good management model to be able to optimize major benefits, not only taxes or customs, but economy of scale, President of the World Free & Special Economic Zones Federation (FEMOZA), Juan Torrents, told Azernews.
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ICD ready to finance FTZ projects in Azerbaijan

The Islamic Corporation for the Development of the Private Sector (ICD), Saudi Arabia-based Islamic Development Bank's private sector arm, is ready to finance projects implemented by residents of the Free Trade Zone (FTZ) being created in the Alat settlement of Baku’s Garadagh district and includes the territory of Azerbaijan’s Baku Sea Trade Port, a source in the corporation told Trend.
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