Aequs SEZ among the Top 10 Global Free Zones of the Year 2018
Singapore based international industry and foreign investment publication, fDi Magazine, recognizes World’s Best Free Zones in their industry report each year. Aequs SEZ is ranked in the Top 10 Global Free Zones of the Year 2018 in their report this year along with DMCC in UAE, Amata City in Thailand and Lodz Special Economic Zone in Poland.
The magazine has recognised Aequs SEZ as winner of “Specialism Awards” globally for attracting investments from some major companies from the aerospace sector. Premium AeroTech, which is a subsidiary of Netherlands-based Airbus, and Sweden-based aeronautics and industrial solutions company Saab, have their presence in the zone, besides companies like All Metal Services (AMS), Latecoere and Purosil.
Editor’s Choice Award
Aequs SEZ has won the “Editor’s Choice Award” for manufacturing. According to fDi, “As a part of an integrated manufacturing ecosystem, Aequs Special Economic Zone provides its tenants with inventory and servicing on machining tools, meaning they can respond to companies’ needs in a timely and efficient manner. The zone is the country’s first to be specialised in precision engineering and manufacturing. The recent addition of a flexible manufacturing system, which manufactures complex parts for the aviation industry, will help attract these companies to the zone.”
SME Winner-Asia Pacific
Aequs SEZ has been named best zone in Asia-Pacific for SME companies. The zone offers incubation facilities for SME and new start-up companies, which companies can use until units are ready in the zone. These companies can also take advantage of incentives such as duty-free imports, tax benefits on exports and custom exemptions.