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COMPARISON STUDY OF SEZ
INDIA – CHINA- TAIWAN
• Revolution in World Industrial
Growth
• Countries Economic Outlook
Indicator
• Special Provision complying
prevailing conditions and growth
prospectus
• Unilateral trade and FTA(Free
Trade Agreement) tie ups
• Benchmarking the standard
technology advancements and
SOP.
• New way of doing business.
“CONCEPT THAT CHANGED THE
WAY ECONOMY WORKS”
WHAT IS SEZ ?
SEZ
Special
Economic
Zone
INDIA
CHINA
EPZ
Export
Processing
Zone
Mexico
US
SBIP
Science
Based
Industrial
Park
Taiwan
• DIFFERENT NAMES SERVING
SAME MOTIVES
WORLD CALL IT DIFFERENTLY…
• Describe some of the native
animals and plants that can
be seen in your country.
SCIENTIFIC SEZ LAYOUT
• For the Economy ..
• By the Economy ….
SEZ- OBJECTIVE
Generation of additional economic
activity;
Promotion of exports of goods and
services
Promotion of investment from
domestic and foreign sources
Creation of employment
opportunities
Development of infrastructure
facilities
SEZ ANALYSIS
IN
Chinese SEZ .. In History
I
N
D
I
A
TAX BENEFITS
Exemption
from Central
Sales
Tax(CST)
Exemption
from Service
Tax
Duty free
import
Single
window
clearance
Exemption
from
Minimum
Alternate Tax
(MAT).
Exemption
from State
sales tax
1. Formally approved SEZ(As on August 2013) - 576
2. Operational SEZ(As on August 2013) – 173
3. Growth rate of exports -
FACTS ABOUT INDIAN SEZ
Source: SEZ India, 2011a, Export Performances
SUCCESS STORIES OF INDIAN SEZ
1. Nokia Special Economic Zone
(Telecom Equipment SEZ)
2.Reliance Jamnagar Infrastructure Limited
(Multi-product SEZ)
3. Mahindra City SEZ (Apparel and fashion
accessories; IT/Hardware; Auto-ancillary)
MOMENT OF TRUTH -SEZ
“NOT A WAR BETWEEN INDUSTRY AND AGRICULTURE OR BETWEEN PROGRESS AND CONSERVATISM
BUT A WAR
BETWEEN HUMAN RIGHT AND GOVT CREATED CAPITALSITIC HEAVEN”
SINGUR DISPUTE
NANDIGRAM
DISPUTE
YAMUNA -AGRA EXPRESS
HIGHWAY DISPUTE
Taiwan Special Economic Zone
Science Based Industrial Parks
Other Industrial Parks
The Linhai Industrial Park- 1960
•base metals, machinery, non-metallic mineral
products, chemical products, and food and
beverage manufacturing
The Changhua Coastal Industrial Park
•food production, glass, textiles, and plastics.
Free Economic Zone- 1960
The Hsinchu Science Park (HSP)- 1965
The Southern Taiwan Science Park (STSP)- !996
The Central Taiwan Science Park (CTSP)- 2003
Tax incentives
create industrial infrastructure
simplified procedures for investment
Free Trade Zone (FTZ)
Advantages
Taxation
incentive
Distinctive
geographic
location
Convenient
traffic
Free flow of
goods
•import/export cargo customs clearance, cargo handling, warehousing, logistic,
value-added park, operational display and business conference centre.
•Park transports through air, land and sea and only one of its kind in the world
Far Glory Air
Cargo Park
•essential point on American, European, and Asian navigation routes
•cargo hub for Taiwan’s imports and exports.
Port of Kaohsiung
Free Trade Zone
•first international harbour designed and built by Taiwanese engineers
•Direct shipping between Taiwan and China
Port of Taichung
Free Trade Zone
Keelung Free Port
Taipei Port Free
Trade Zone
• the auxiliary port of Keelung Port
• key supply chain node for automobile logistics
and chemical oils
• more than one hundred years since the port began to operate
• Holds 52% of Taiwan resources
Taiwan Strait West Coast Economic Zone
• Fujian’s closeness both geographically and
culturally with Taiwan
• By December 2005, Fujian received US$ 3.9 billion
of foreign direct investment from Taiwan
• Direct transport with Taiwan commenced in 2008
includes direct flights from Taiwan to major Fujian
cities
• Fujian was declared as special economic zone
for Taiwan in 2006
Comparison of SEZ in India, China & Taiwan

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Comparison of SEZ in India, China & Taiwan

  • 1. COMPARISON STUDY OF SEZ INDIA – CHINA- TAIWAN
  • 2. • Revolution in World Industrial Growth • Countries Economic Outlook Indicator • Special Provision complying prevailing conditions and growth prospectus • Unilateral trade and FTA(Free Trade Agreement) tie ups • Benchmarking the standard technology advancements and SOP. • New way of doing business. “CONCEPT THAT CHANGED THE WAY ECONOMY WORKS” WHAT IS SEZ ?
  • 4. • Describe some of the native animals and plants that can be seen in your country. SCIENTIFIC SEZ LAYOUT
  • 5. • For the Economy .. • By the Economy …. SEZ- OBJECTIVE Generation of additional economic activity; Promotion of exports of goods and services Promotion of investment from domestic and foreign sources Creation of employment opportunities Development of infrastructure facilities
  • 7.
  • 8. Chinese SEZ .. In History
  • 9.
  • 11.
  • 12. TAX BENEFITS Exemption from Central Sales Tax(CST) Exemption from Service Tax Duty free import Single window clearance Exemption from Minimum Alternate Tax (MAT). Exemption from State sales tax
  • 13. 1. Formally approved SEZ(As on August 2013) - 576 2. Operational SEZ(As on August 2013) – 173 3. Growth rate of exports - FACTS ABOUT INDIAN SEZ Source: SEZ India, 2011a, Export Performances
  • 14. SUCCESS STORIES OF INDIAN SEZ 1. Nokia Special Economic Zone (Telecom Equipment SEZ) 2.Reliance Jamnagar Infrastructure Limited (Multi-product SEZ) 3. Mahindra City SEZ (Apparel and fashion accessories; IT/Hardware; Auto-ancillary)
  • 15. MOMENT OF TRUTH -SEZ “NOT A WAR BETWEEN INDUSTRY AND AGRICULTURE OR BETWEEN PROGRESS AND CONSERVATISM BUT A WAR BETWEEN HUMAN RIGHT AND GOVT CREATED CAPITALSITIC HEAVEN” SINGUR DISPUTE NANDIGRAM DISPUTE YAMUNA -AGRA EXPRESS HIGHWAY DISPUTE
  • 17. Science Based Industrial Parks Other Industrial Parks The Linhai Industrial Park- 1960 •base metals, machinery, non-metallic mineral products, chemical products, and food and beverage manufacturing The Changhua Coastal Industrial Park •food production, glass, textiles, and plastics. Free Economic Zone- 1960 The Hsinchu Science Park (HSP)- 1965 The Southern Taiwan Science Park (STSP)- !996 The Central Taiwan Science Park (CTSP)- 2003 Tax incentives create industrial infrastructure simplified procedures for investment
  • 18. Free Trade Zone (FTZ) Advantages Taxation incentive Distinctive geographic location Convenient traffic Free flow of goods
  • 19. •import/export cargo customs clearance, cargo handling, warehousing, logistic, value-added park, operational display and business conference centre. •Park transports through air, land and sea and only one of its kind in the world Far Glory Air Cargo Park •essential point on American, European, and Asian navigation routes •cargo hub for Taiwan’s imports and exports. Port of Kaohsiung Free Trade Zone •first international harbour designed and built by Taiwanese engineers •Direct shipping between Taiwan and China Port of Taichung Free Trade Zone Keelung Free Port Taipei Port Free Trade Zone • the auxiliary port of Keelung Port • key supply chain node for automobile logistics and chemical oils • more than one hundred years since the port began to operate • Holds 52% of Taiwan resources
  • 20. Taiwan Strait West Coast Economic Zone • Fujian’s closeness both geographically and culturally with Taiwan • By December 2005, Fujian received US$ 3.9 billion of foreign direct investment from Taiwan • Direct transport with Taiwan commenced in 2008 includes direct flights from Taiwan to major Fujian cities • Fujian was declared as special economic zone for Taiwan in 2006