Special Zones
The firm is credited with drafting the impressive legislative package establishing and governing the Aqaba Special Economic Zone (ASEZ) in Jordan's only port city. This includes drafting and advocating for more than 30 pieces of legislation, covering, inter alia, Zone governance, customs, business licensing and regulation, land use and zoning, foreign investment, market access, and environmental regulation. Additionally, the firm has experience advising on inland ports, duty free zones, and affiliated industrial parks. IBLAW advised the Government of Jordan on the establishment of the Special Economic Zone in the Southern city of Aqaba (ASEZ) which aimed at creating a duty-free low-tax special economic zone with special regulatory framework, and setting up a streamlined, liberal and attractive investment climate with overriding role for private sector in Zone development. In particular, IBLAW performed the following:
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