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Table of Contents
EXECUTIVE SUMMARY 1
Defining Special Economic Zones 1
Global SEZ Experiences 1
SEZ Development in OIC Member Countries 2
Conclusions and Recommendations 4
1 INTRODUCTION AND BACKGROUND TO THE STUDY 6
1.1 Purpose of this Report 6
1.2 Report Structure 6
2 SPECIAL ECONOMIC ZONE TYPOLOGIES 7
2.1 Introduction 7
2.2 Definition of SEZs 7
2.3 Working SEZ Typologies 8
2.4 Organisational Structure 10
2.5 Ownership of SEZs 10
2.6 Economic Rationale for Establishing SEZs 11
2.7 Incentive Schemes used in SEZs 18
3 LEARNING LESSONS FROM GLOBAL SEZ EXPERIENCE 23
3.1 Introduction 23
3.2 Emerging Global Trends 23
3.3 Development of Cross Country and Tripartite SEZs 27
3.4 Key Challenges to SEZ Success 29
4 TRENDS IN SEZS IN OIC MEMBER COUNTRIES 34
4.1 Profiling SEZs within OIC Member Countries 34
4.2 SEZ Benchmarking within OIC Member Countries 38
4.3 Evaluation of SEZ Development in OIC Member Countries 53
4.4 Key Successes of SEZ Development in OIC Member Countries 57
4.5 Challenges of SEZ Development in OIC Member Countries 59
5 LESSONS LEARNT FROM SEZ CASE STUDIES 66
5.1 Methodology 66
5.2 Case Study 1: Penang SEZ, Malaysia 68
5.3 Case Study 2: Jurong SEZ, Singapore 89