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KUWAIT CITY, Oct 2: The GCC countries have more than 70 economic zones, 47 of which are in the UAE alone, while Saudi Arabia and the Sultanate of Oman have 10 each, while Kuwait has only 4 economic zones, Bahrain 3, and Qatar 2. However, in light of the ambitious future plans of the countries of the region, the numbers are bound to rise, especially in Saudi Arabia and the UAE. MEED magazine said in a recent report that there is a remarkable growth of special economic zones worldwide, including logistic centers, free zones and industrial clusters, as there were less than 200 economic zones around the world during the 1980s, but today there are more than 7,000 in about 140 countries.
Growth
The report emphasized that the GCC countries are at the forefront of this growth, and with good reason, which is that the geographic advantage…
