Meaning of “development zone” in the English Dictionary


"development zone" in Business English

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development zonenoun [ C ]

uk us also enterprise zone PROPERTY, ECONOMICS

an area, especially in or near a city, where the government tries to encourage economic development by offering financial advantages to people who start companies, factories, etc. there:

Nationwide, almost 4,000 industrial parks and development zones are under construction.

(Definition of “development zone” from the Cambridge Business English Dictionary © Cambridge University Press)