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“Discover the potential within Papua New Guinea’s Special Economic
Zones, fostering prosperity, innovation, and sustainable growth. Let’s
unite to seize endless opportunities and forge a path towards economic
self-reliance.”
-Hon. James Marape, MP
Prime Minister of Papua New Guinea
Member for Tari-Pori
“As the Minister for Trade & Investments, I am proud to highlight the transformative potential of Special Economic Zones (SEZs) in Papua New Guinea. SEZs are pivotal in driving economic growth, attracting foreign investment, and creating employment opportunities for our people. By offering a conducive environment for businesses, with world-class infrastructure and streamlined regulatory processes, we are positioning Papua New Guinea as a prime destination for global investors. Our commitment is to harness the full potential of our SEZs to stimulate sustainable development and ensure a prosperous future for all citizens. Join us in this exciting journey towards economic empowerment and national progress.“
-Hon. Richard Maru, BTech, MBA, OBE, MP Minister for International Trade & Investment
About SEZA
Welcome to SEZA, the Special Economic Zone Authority. We are a government agency of The Government of Papua New Guinea dedicated to promoting investment, job creation, and economic growth through the establishment and development of special economic zones. Our focus is on creating a business-friendly environment that fosters innovation and sustainability, and we are proud to be at the forefront of driving economic growth and development in Papua New Guinea.
Papua New Guinea is a country of immense natural resources, with a rich history and diverse culture. Our aim at SEZA is to harness this potential and drive sustainable economic development that benefits all Papua New Guineans. With our expertise in investment promotion, infrastructure development, and regulatory affairs, we are uniquely positioned to create opportunities for investors, entrepreneurs, and local communities alike.
By establishing a special economic zone in Papua New Guinea, businesses can take advantage of a range of benefits, including tax incentives, streamlined regulatory processes, and access to world-class infrastructure. In addition, they can tap into the country’s vast reserves of natural resources, including minerals, forestry, agriculture, and fisheries, all of which are key drivers of economic growth.
At SEZA, we are committed to working with investors, entrepreneurs, and local communities to create a sustainable future for Papua New Guinea. We invite you to explore the potential of our country and the opportunities that SEZs can offer. Join us on this exciting journey towards a brighter future for Papua New Guinea.
Investment Opportunities In Papua New Guinea
Papua New Guinea is a dynamic economic zone that offers investors unparalleled access to one of the fastest-growing regions in the world. Situated in the heart of the Pacific, Papua New Guinea is strategically located to serve as a gateway to Asia, Australia, and beyond. With a favorable business environment, diverse range of industries, and abundant natural resources, SEZA Papua New Guinea presents an exciting opportunity for investors looking to tap into the region’s potential.
Types of Seza
Free Trade Zone (FTZ)
Small, fenced-in, duty free areas, offering warehousing and storage of imported goods which can be handled, manufactured, or re-configured for re-export. FTZ has distribution facilities for trade, transshipment, and re-export operations under specific customs regulations and generally not subject to customs duty. FTZ are generally organized around major seaports, international airports, and national frontier-areas with geographic advantages for trade.
Export Processing Zone (EPZ)
A specific type of FTZ usually set up by governments in developing countries to promote industrial and commercial exports. It is an industrial estate, usually a fenced-in area of 10 to 300 hectares that specializes in manufacturing for export.
EPZ offers firms free trade conditions and a liberal regulatory environment to attract foreign investors, collaborators, and buyers who can facilitate entry into the world market for some of the economy’s industrial goods, thus generating employment and foreign exchange.
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Why Invest in SEZA
1. Strategic Location
Papua New Guinea is ideally located in the Pacific, making it a hub for trade and commerce between Asia, Australia, and the Pacific region.
2. Investment Incentives
The Papua New Guinea government offers a range of investment incentives to encourage foreign investment, including tax holidays, duty exemptions, and repatriation of profits.
3. Abundant Resources
Papua New Guinea is rich in natural resources, including minerals, forestry, fisheries, and agriculture, providing investors with diverse investment opportunities.
4. Business-Friendly Environment
Papua New Guinea has a transparent and efficient regulatory environment, making it easy for investors to do business.
5. Skilled Workforce
Papua New Guinea has a young and growing population, with a highly skilled workforce that is ready to support business growth.
Discover your next adventure
Embark on a journey through Papua New Guinea’s untouched landscapes and rich cultural tapestry. Delve into the vibrant traditions of indigenous tribes, where every dance, ritual, and story reveals a profound connection to the land and its people. Papua New Guinea invites you to unlock the secrets of its unparalleled beauty and heritage, offering an adventure like no other for those who seek authenticity and wondersites in provinces.
Our Latest News
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SEZ summit receives Sponsorship
The Special Economic Zone (SEZ) Summit has received Sponsorship from various government agencies.
PNG SEZs Summit
Papua New Guinea is ideally located in the Pacific, making it a hub for trade and commerce between Asia, Australia, and the Pacific region.
FAQ
A special economic zone (SEZ) is a designated geographical area within a country that is subject to unique economic regulations, with the aim of promoting investment, job creation, and economic growth.
SEZs offer a range of benefits, including tax incentives, streamlined regulatory processes, access to world-class infrastructure, and proximity to markets and suppliers.
SEZs are typically home to industries that are export-oriented and require specialized infrastructure or incentives, such as manufacturing, IT and software development, pharmaceuticals, and textiles.
The process for applying to establish a business in an SEZ will depend on the specific SEZ and the country in which it is located. In general, it will involve submitting a proposal outlining the business plan and the proposed investment to the SEZ authority.
SEZs are typically governed by a specific legal and regulatory framework that outlines the incentives and benefits available to businesses operating within the zone, as well as the rules and regulations governing their operations.
SEZs promote economic growth by creating a business-friendly environment that attracts investment, encourages job creation, and drives innovation. They also contribute to the development of infrastructure and the transfer of knowledge and technology.
