9
Table 2-1 - Special Economic Zone Typologies
Free Port
Industrial Free
Zone / EPZ
Commercial
Free Zone
Financial
Services Zone
IT / Science Park Tourism Zone
Special
Economic Zone
Enterprise Zone
Physical
Characteristics
Entire city or
jurisdiction
Enclave or
industrial park
Warehouse
area, often
adjacent to port
or airport
Business park-
adjacent to city
Business park –
near university
Entire
jurisdiction
Entire province
or municipality
Part of city or
entire city
Economic
Objectives
Development of
trading centre
and diversified
economic base
Development of
export
manufacturing
/ assembly
industry
Facilitation of
trade and
imports
Development of
off-shore
banking,
insurance,
securities hub
Development of
technology-
intensive
industry
Integrated
tourism
development
Deregulation,
private sector
investment in
restricted area
Development of
SMEs in
depressed areas
Typical
Activities
Trade, service,
industry,
banking etc.
Light industry
and
manufacturing
Warehousing,
packaging,
distribution,
trans-shipment
Financial
services
Data
processing,
software
development,
computer
graphics
Resorts and
other tourism
All types of
industry and
services
All
Typical
Examples
Hong Kong,
Singapore,
Batam
Ireland, Korea,
Malaysia,
Dominican
Republic, Kenya
Jebel Ali, Colon,
Mauritius, Iran
Bahrain, Dubai,
Mauritius,
Uruguay
India-
Bangalore,
China – Dalian,
Poland-Krakow
Colombia –
Baru,
Philippines-
Cagayan de Oro,
Jordan- Dead
Sea DZ
China-Hainan
and Shenzen,
Jordan – Aqaba,
Philippines –
Subic Bay
US, Europe
Source: BuroHappold 2017