Emerging Markets - Highlight
23 June 2017
As a transit hub in Central and Eastern Europe, Slovakia has become a magnet for export-oriented manufacturing industries. Both the public and private sectors are active in upgrading the country’s handling capacity to prepare for the expected increase in Eurasian cargo traffic. Also, Slovakia is making moves to stretch its wings to Asia, including a plan to start a double tax treaty negotiation with Hong Kong.
Part of a joint research initiative by HKTDC Research and the Shanghai Academy of Social Sciences, this study provides an overview of the performance of China’s Overseas Economic and Trade Cooperation Zones and their role within the Belt and Road Initiative. It has a particular emphasis on Hong Kong service providers, evaluating their role in facilitating mainland investment in such zones.
Since the mid-1990s the Philippines has been developing Special Economic Zones (SEZs) to promote investment. Over the years, SEZs have become a magnet for FDI, especially in the manufacturing sector. With investment incentives and easier operational requirements, SEZs are the preferred choice for manufacturing relocation to the Philippines.