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Free port

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Free port

A free port (porto franco) or free zone (zona franca), sometimes also called a bonded area (US: Foreign-Trade Zone) is a port, port area or other area with relaxed jurisdiction with respect to the country of location. Free economic zones may also be called free ports.

Most commonly a free port is a special customs area or small customs territory with generally less strict customs regulations (or no customs duties and/or controls for transshipment). Earlier in history, some free ports like Hong Kong enjoyed political autonomy. Many international airports have free ports, though they tend to be called customs areas, customs zones, or international zones.

Free ports and Free Zones by country

Africa

Libya

Misrata Free Zone

Liberia

Free Port of Monrovia

Egypt

Eritrea

Morocco

Mauritius

  • Port Louis Free Port

Nigeria

Registered Free Zones in Nigeria

Although the enabling Act came into effect in 1992, the pioneer Free Zone (the Calabar Free Trade Zone) was not fully completed until 1999, and commenced operation after official commissioning in November 2001. Since then, the Free Zones Scheme has been used as a vehicle for industrial and commercial development of the country. Private Sector participation and partnership with the Federal Government and other tiers of government has helped spread the scheme. This has culminated in the establishment of specialised Free Zones and other types of Zones, namely:

S/N NAME LOCATION STATUS OWNERSHIP
1 Calabar Free Trade Zone (CFTZ) CRS Operational Fed. Govt.
2 Kano Free Trade Zone (KFTZ) Kano State Operational Fed. Govt.
3 Onne oil & Gas Free Zone River State Operational Under Parallel Authority
4 Tinapa Free Zone & Tourism Resort CRS Operational Private/Public
5 Snake Island Integrated Lagos Operational Private
6 Maigatari Border Free Zone Jigawa State Operational State
7 LADOL Free Zone Lagos Operational Private
8 Airline Services Export Proc. Zone Lagos State Operational Private
9 ALSCON Export Processing Zone Akwa Ibon Operational Private
10 Ogun Guangdong Free Trade Zone Ogun State Operational Public/ Private
11 Sebore Farms Export Processing Zones Adamawa State Operational Private
12 Ibom Science & Tech. Park Free Zone Akwa Ibom Under Cons. Public/Private
13 Living Spring Free Zone Osun State Under Cons. State
14 Lekki Free Zone Lagos State Under Cons. State/ Private
15 Brass LNG Free Zone Bayelsa Under Cons. Public/Private
16 Abuja Technological Village Free Zone Abuja Under Cons. Public/Private
17 Specialized Railway Industrial FTZ - Kajola Ogun State Under Cons. Public/Private
18 Imo Guangdong FTZ Imo State Under Cons. Public/Private
19 OK Free Trade Zone Ondo & Ogun Under Cons. States/ Private
20 Lagos Free Zone Lagos State Under Cons. Private
21 Kwara Free Zone Kwara State Declaration State Govt.
22 Oluyole Free Trade Zone Oyo State Declaration State Govt.
23 Koko Free Trade Zone Delta State Declaration State Govt.
24 OILSS Logistics Free Zone Lagos Declaration Private
25 Banki Border Free Zone Borno State Declaration State

The introduction of Free Zones has played a large role in increasing the amount of investment into Nigeria. When all the Free Zones are fully operational, Nigeria is projected to play a large role in expanding export-driven manufacturing activities in Africa. [1]

Asia

Bahrain

Indonesia

Iran

Israel

Japan

Thailand

  • Port of Laem Chabang
  • Port of Bangkok
  • Port of Chieng Saen
  • Port of Chiang Kong
  • Port of Ranong

Lebanon

Malaysia

Pakistan

People's Republic of China

Philippines

Singapore

South Korea

Taiwan

Turkey

United Arab Emirates

Europe

Andorra

Austria

(part of the European Union)

Belarus

Croatia

  • Rijeka, 1723
  • Zadar, 1922-1947 (Porto Franco della città di Zara)

Denmark

(part of the European Union)

  • Freeport of Copenhagen (Københavns Frihavn), Copenhagen

Finland

(part of the European Union)

  • Free zone of Lappeenranta (Lappeenrannan Vapaa-alue)
  • Freeport of Hanko (Hangon Vapaasatama)

France

(part of the European Union)

  • Free Zone of Le Verdon - Port de Bordeaux (Zone franche du Verdon — Port de Bordeaux)

Germany

(part of the European Union)

  • Freeport of Bremen (Freihafen Bremen), 1888−2007
  • Freeport of Bremerhaven (Freihafen Bremerhaven)
  • Freeport of Cuxhaven (Freihafen Cuxhaven), since 1896
  • Freeport of Deggendorf (Freihafen Deggendorf), since 1989
  • Freeport of Duisburg (Freihafen Duisburg), since 1989
  • Freeport of Hamburg (Freihafen Hamburg), 1888−2012

Georgia

Gibraltar

  • Port of Gibraltar

Greece

(part of the European Union)

Ireland

(part of the European Union)

Isle of Man

Italy

(part of the European Union)

Malta

(part of the European Union)

Latvia

(part of the European Union)

Lithuania

(part of the European Union)

Turkish Republic of Northern Cyprus

  • Famagusta Free Zone (Restricted as part of the international embargo on Northern Cyprus)
  • Gemikonağı Free Zone (Restricted as part of the international embargo on Northern Cyprus)

Portugal

(part of the European Union)

  • Free Zone of Madeira - Caniçal (Zona franca da Madeira - Caniçal)

Romania

(part of the European Union)

Russia

Spain

(part of the European Union)

  • Free zone of Barcelona (Zona franca de Barcelona)
  • Free zone of Cádiz (Zona franca de Cádiz)
  • Free zone of Vigo (Zona franca de Vigo)
  • Free zone of Las Palmas de Gran Canaria (Zona franca de Las Palmas de Gran Canaria)
  • (Ceuta and Melilla are not Free Ports or Free zones because they are part of Spain, but not part of the European union for customs and excises)

Sweden

(part of the European Union)

Switzerland

Ukraine

  • free port and free economic zone Odessa
    • 1819-1858
    • Trade sea port of Odessa, January 1, 2000 for 25 years

United Kingdom

(part of the European Union)[9]

The Americas

Argentina

The Bahamas

Bermuda

Brazil

Chile

Colombia

Dominican republic

  • Mega Port of Punta Caucedo

Panama

  • Zona Libre de Colón
  • Zona Libre Colon

Uruguay

  • Carrasco International Airport (Free Airport)
  • Zona Franca de Montevideo
  • Zona Franca Colonia
  • Zona Franca Rivera

United States

Venezuela

See also

References

External links

  • European Commission: list of free ports in the European Union (English)
  • The German customs administration about freeports and free zones in Germany (German)
  • US Customs: About Foreign-Trade Zones & Contact Info
  • US Commerce Department (International Trade Administration): U.S. Foreign-Trade Zones Board
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