(1) The Economic Zones Promotion Agency, hereinafter referred ta as «the
Agency»,
shall carry out the supervision and development of economic zones.
(2) The Agency shall be responsible, inter alia, for:
receiving and examining application files for the establishment of economie zones
in conjunction with the authorities concerned;
issuing approvals to enterprises;
submitting draft economie zone establishment decrees to the Government;
defining and ensuring respect for infrastructure project contracting standards
in
economic zones;
monitoring the performance and growth of economic zones;
defining specifications, in conjunction with the services concerned;
ensuring that approved promoters and enterprises comply with specifications;
hearing disputes between promoters, enterprises, government services and local
communities and conducting procedures for the amicable seUlement thereof.
(3) A decree of the President of the Republic shall lay down the organization and
functioning of the Agency.
(4) Save as provided
under Section 38 herein-below,
the Agency may _not be
promoter or manager of an economie zone.
7
CHAPTERIV
NT AND DEVELOPMENT
OF ECONOMIC
ZONES
. SECTION
B: (1) An economic zone shall be managed by the promoter or a manager
appointed by the promoter, in accordance with terms laid down by regulation.
(2) Where the prùmoter itself manages the economic zone, it
shan be
required to comply with the rights and obligations
of the manager.
Official text
Spot-checked
In force from 16 December 2013
Source page 7