The Company's first joint venture was formed with China Merchant's Group, the local authority which controls the Shekou Industrial Zone, China's first established economic free zone
, located near Hong Kong.
In addition, the EU states' experience of moving beyond a simple economic free zone
and into a much more wide-ranging political union means that it has a far more technically advanced central bureaucracy, which is able to define and enforce its increasingly complicated rules, with well-trained staff reporting to a central body that has been fully entrusted by its member states to negotiate on their behalf.
DP World was recently awarded the concession to develop and operate the existing container terminal at Dakar and invest in a new container terminal at the city's Port du Futur, while the Jebel Ali Free Zone is developing a special economic free zone
connected to Senegal's new Blaise Diagne Airport, which is currently under construction.
Also, AB Siauliu is located in the Economic Free Zone
so the joint venture offers special tax advantages.
The Middle East is resplendent with economic free zones
, but as competition increases, are these zones in danger of cannibalising customers from one another?