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What are the advantages to the government of Kenya for setting up Export Processing Zones (EPZs)?

List the advantages to the government of Kenya for setting up Export Processing Zones (EPZs).

Answers


Maurice
(i) Create job opportunities.

(ii) Stimulate industrialization.

(iii) Earn the government some revenue after the tax free holiday.

(iv) Create market for locally produced raw materials.

(v) Encourages business due to incentives given by the government which in turn help to correct unfavourable balance of payment.

(vi) Encourage foreign investors in the country.
maurice.mutuku answered the question on June 30, 2017 at 11:59

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