Special Economic zones represent the areas, which are subject to economic regulations that are not the same as those, applied to the other regions in the country. These regulations pursue the aim to attract foreign direct investment, to create employment and to reform country’s economy on a larger scale, in order to diversify exports and to create long-term structural changes in the economic orientation of the country (Hinkelman and Putzi ).
Free Zones
Free Zones, Free Trade Zones, Commercial Free Zones are the oldest type of the Special Economic Zones, which are usually located in or near the major transportation nodes, mostly ...