World Free Zones Organization | Latest News

14 September 2023.

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Cabinet approves Sh420b fund for SEZs

The Cabinet has approved 100 per cent equity investments of Sh420 billion to kickstart the Mombasa based Special Economic Zone (SEZ) alongside others proposed in Naivasha, Isiolo and the Export Processing Zones in Sagana, Del Monte, Eldoret and Busia.

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Investment-making growth doubled in free trade, special economic zones

As announced by Secretary of Iran’s Free Zones High Council Hojatollah Abdolmaleki, the growth of investment-making has doubled in the country’s free trade and special economic zones during the current government’s incumbency.

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Indonesia eyes SEZ development on quest for greater economic prosperity

Given the nature of Indonesia’s archipelagic geography and marine territory, foreign trade and investment is an integral part of the country’s economy. According to ASEAN Briefing, the government has homed in on the development of special economic zones (SEZ) as a priority policy, with an aim to attract over US$50 billion in foreign investment in the next decade.

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Net zero needs nuclear, says Gina

Gina Rinehart is pushing for Australia to become nuclearpowered instead of upsetting farmers with “bird-killing” wind generators and sprawling fields of solar panels. The billionaire made her case for nuclear energy while warning that the demand of meeting net zero carbon emissions could force Aussie farmers and graziers off the land, and lead to higher food prices. Giving a speech at The Australian Bush Summit, the mining magnate said governments had to step in to help farmers by cutting red tape and providing “real assistance”.

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BUSH SUMMIT | Keynote Address | Mrs Gina Rinehart AO

Executive Chair, Hancock Prospecting Group | August 14 commences 1.40 PM

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Gina Rinehart to take centre stage at Bush Summit in Perth

Mining magnate Gina Rinehart and cricket legend Adam Gilchrist will headline the inaugural West Australian leg of the Bush Summit in Perth on Monday. Mrs Rinehart, Australia’s richest person, will deliver the keynote speech before she participates in a Q&A session with The Australian’s managing director, John Lehmann. Bush Summits are being held around Australia for the first time this year, and will bring together decision-makers and thought-leaders to discuss the biggest issues facing regional industries and communities. This year’s Perth event comes at a time when regional WA is in the national spotlight in a way rarely seen.

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Fulfilling the vast potential of nation’s diverse regions Summit puts rural dwellers front and centre of national discussion

13 August 2023.

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Critical moment in the region’s history

Western Australia’s Kimberley is regional Australia at its most extreme, whether it is in scale, beauty, challenges or opportunity. And it is a region at a crucial moment in its history. When record-breaking floodwaters swept through much of the region earlier this year, following well-publicised social unrest and crime last year, the region’s immediate prospects looked difficult. Yet it is a region that has continued to capture imaginations, with the area now emerging as a prospective new renewable energy hotspot and drawing a new generation of investment that could take it closer to finally capitalising on its potential.

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Rinehart gives more to RFDS in WA

WESTERN Australia-based miner Roy Hill has signed a multi-year agreement with the WA branch of the Royal Flying Doctor Service that includes provision for ongoing support, advocacy and promotion plus a cash injection of $150,000. Hancock Prospecting group operations chief executive officer Gerhard Veldsman said Roy Hill provided ongoing opportunities for thousands of people in the Pilbara, building economic prosperity. “Through the strong backing of our executive chairperson Gina Rinehart, we are committed to sharing that prosperity and recognise the significant commitment of rural and regional communities throughout WA, and their right to health care,” he said. Rinehart donated $6 million to the RFDS in the early days of the COVID-19 pandemic in April 2020 for critical care equipment and telehealth technology to help rural and remote Australians in New South Wales, Queensland, the Northern Territory and South Australia.

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