Export Processing Zone (EPZ): An EPZ is a type of special economic zone where goods are produced primarily for export purposes. They often have favorable trade policies and infrastructure specifically designed to support export-oriented industries.
Free Trade Zone (FTZ): A FTZ is an area where goods can be imported, manufactured, processed, and re-exported without significant customs restrictions or duties. It encourages international trade by reducing barriers and promoting business activities.
Industrial Park: An industrial park is a designated area typically located near transportation hubs that provides infrastructure and facilities for various industries. It aims to attract companies by offering ready-to-use land or buildings with access to utilities and services.