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Special Economic Zones in the OIC Region:

Learning from Experience

36

4.1.2

SEZ Typologies

Comparative analysis has also been undertaken with regard to SEZ typology. The most common

typology recorded within OIC Member Countries, as shown i

n Figure 2,

are FTZs, following by

EPZs, Hybrid EPZs and SEZs.

Drawing on the analysis fro

m Figure 3 i

t can be seen that there is a clear focus on FTZs within

the United Arab Emirates and Turkey whilst the distribution of EPZs is more even across the OIC

Member Countries. Iran in particular has undergone a significant programme of SEZ

development within recent years accounting for just under half of all SEZs recorded within OIC

Member Countries.

Figure 2 – Total SEZs by Typology within OIC Member Countries

Source: BuroHappold Analysis 2017

Figure 3 indicates that across the OIC Member Countries, approximately 36% of SEZs are FTZs,

whilst approximately 25% are classified as EPZs. Hybrid EPZs and SEZs also account for

approximately 15% and 14% of zones within OIC Member Countries respectively.

0

10

20

30

40

50

60

70

80

90

100

EPZ

EZ Financial

Services

Zone

Freeport FTZ Hybrid

EPZ

IT /

Science

Park

SEZ Tourism

Zone

Total Number