Meaning of “development zone” in the English Dictionary

business-english dictionary

"development zone" in Business English

See all translations

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)