China’s Investment in African Special Economic Zones : Prospects, Challenges, and Opportunities

China's recent moves to establish special economic zones (SEZs) in several African countries can make a significant contribution to industrialization in Africa. But the success of these projects is by no means guaranteed. Meeting the objectives of both China and African countries will require an active partnership and a framework for collaboration that includes engagement from host governments, processes for phasing-in local control, communication and enforcement of standards, and support for integration with local economies.

Bibliographic Details

Main Authors:	Brautigam, Deborah, Farole, Thomas, Xiaoyang, Tang
Language:	English
Published:	World Bank, Washington, DC 2010-03
Subjects:	ASSET MANAGEMENT, BANK LOANS, BARRIERS TO INVESTMENT, BIDS, BUSINESS ENVIRONMENT, COLLABORATION, COMPETITIVE TENDER, COMPETITIVENESS, DEVELOPING COUNTRIES, DEVELOPMENT BANK, DEVELOPMENT PATH, DIRECT INVESTMENT, DOMESTIC ECONOMY, DOMESTIC INVESTORS, DOMESTIC MARKETS, ECONOMIC COOPERATION, ECONOMIC OBJECTIVES, ECONOMIC REFORMS, ECONOMIES OF SCALE, EMPLOYMENT, EMPLOYMENT OPPORTUNITIES, ENVIRONMENTAL SUSTAINABILITY, EQUIPMENT, EXPORTERS, EXPORTS, FINANCIAL CONSTRAINTS, FOREIGN DIRECT INVESTMENT, FOREIGN INVESTMENT, FOREIGN INVESTORS, FREE TRADE, GLOBAL MARKETS, HOST GOVERNMENTS, INDUSTRIAL DEVELOPMENT, INDUSTRIALIZATION, INFRASTRUCTURE DEVELOPMENT, INFRASTRUCTURE PROJECTS, INTERNATIONAL TRADE, INVESTOR INTEREST, JOB CREATION, JOINT VENTURES, KNOWLEDGE SHARING, LABOR REGULATIONS, LABOR STANDARDS, LACK OF TRANSPARENCY, LEARNING, LOCAL ECONOMIES, LOCAL GOVERNMENTS, LOCAL MARKETS, LONG-TERM LOANS, MANUFACTURING INDUSTRIES, MEDICINE, NATURAL RESOURCES, PROFIT MOTIVE, PROGRAMS, SHARE OF INVESTMENT, SHAREHOLDER, TECHNOLOGY TRANSFER, TELECOMMUNICATIONS, TRADING, UNSKILLED JOBS, WAGES, WORKING CONDITIONS,
Online Access:	http://documents.worldbank.org/curated/en/2010/03/11999239/chinas-investment-african-special-economic-zones-prospects-challenges-opportunities https://hdl.handle.net/10986/10202
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