Freight oriented airport-linked SEZs include: the 95 square kilometre China-Belarus Industrial Park adjacent to Minsk Airport, SEZs with an aerospace component at Dholera Airport in India and OR Tambo Airport in South Africa and an aviation hub component of an economic zone encompassing U-Tapao Airport in Thailand. Recently announced funding and tax breaks for tourism SEZs in the Philippines is set to commence with resort development around the new San Vicente Airport. Tourism oriented airport-linked SEZs in SE Asia include several new Indonesian SEZs incorporating substantial stretches of coastline dotted with white sand beaches. In the UK, as a major increase in Business Rates looms over small businesses, firms locating in Enterprise Zones-many located adjacent to or encompassing airports, including Manchester, Blackpool, Luton and Newquay-receive a substantial Business Rate discount and other subsidies. This paper highlights a number of examples of new SEZs, which benefit major transnational firms, foreign investors and real estate developers. A new generation of airport-linked special economic zones-characterised by tax breaks, other incentives, and government provision of supportive infrastructure including surface transportation networks-is an increasingly significant factor a global race to the bottom on tax.
0 kommentar(er)
