SEZ zones being discussed at the AU conference being held 20-25 November - Julien Paluku a speaker at the event, which is
a prelude to the extraordinary summit of Heads of State and Government.
(MSEZ to be announced soon?)
8.
African Union Special Economic Zones Model Law Template and Guidelines
Special Economic Zones are a key source of industrial transformation and ecosystem development at the Member States and Regional Economic Communities levels, with a focus on attracting investment, promoting job creation, boosting manufacturing and export performance, increasing indirect economic benefit, and regional value chains development. Most Special Economic Zones laws rely on a set of policy instruments, such as investment incentives and administrative facilitation, to achieve their intended policy objectives, and require law and policy design with consideration of the respective country context as well as broader regional and global economic trends. In this context, an African Union Model Law on Special Economic Zones is proposed to support Member States, especially those at the commencement level of their Special Economic Zones programs. Such proposals consider structures to establish Special Economic Zones law to avoid common mistakes of Special Economic Zones development; provide a minimum baseline standard by which African states can evaluate their readiness to establish Special Economic Zones to attract investment; provide a standard outline on governance, development, and operation of Special Economic Zones; and align Special Economic Zones policy making to overarching industrial development policy within a given country, allowing coherence in policy approach and for regional value chain development.
Le ministre de l’Industrie, Julien Paluku prend part du 20 au 25 novembre 2022 à la semaine d'industrialisation de l'union africaine en prélude du sommet extraordinaire des Chefs d'État et gouvernement.
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African Union: in Niamey, Julien Paluku shares the DRC's experience on special economic zones
Monday, November 21, 2022 - 10:57
ECONOMY
Illustration photo
Minister of Industry Julien Paluku takes part from 20 to 25 November 2022 in the industrialization week of the African Union as a prelude to the extraordinary summit of Heads of State and Government.
In the presence of several ministers including those of industry and economic development and technical and financial partners,
Julien Paluku shared the DRC's experience on the development of Special Economic Zones (SES) and the installation process of a first factory for the manufacture of electric battery precursors in the province of Haut-Katanga.
And to continue:
The go of this week of Industrialization of the African Union was given at the same time as the first African Transformative Women's Summit by the Nigerian Minister of Industry and Youth Entrepreneurship, Gourouza Salamatou. On this occasion, the Nigerien Minister spoke in these terms and recalled the need for African states to really switch to the industrialization of their economies.
The theme of these meetings is "Transforming women entrepreneurs, an accelerator of Africa's industrialization process". They are held on the sidelines of the African Union Heads of State and Government summit on Industrialization and Economic Diversification and the AU special session on the ZLECAf.
Five days (from 20 to 25 November 2022) during the participants, from 26 African countries, will discuss several themes, namely: the creation of an instrument to support the organization or management of women at national, regional and continental levels as well as the financing and investment model focused on supporting women in transformation.
Participants will also discuss the creation of a favorable environment for women in transformation and also on the platform for dialogue and lobbying for women in treatment.
Clément Muamba