special economic zone - definition in the Business English Dictionary - Cambridge Dictionaries Online

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English definition of “special economic zone”

special economic zone

noun [C]
 
 
ECONOMICS
an area with particular economic advantages, for example lower taxes than the rest of the country, to encourage investment and development there: Next to the airport is a vast special economic zone, an enclave of relative economic freedom designed to attract investors.
(Definition of special economic zone from the Cambridge Business English Dictionary © Cambridge University Press)
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