SEZs, manufacturing and foreign trade: the non-oil economy under the microscope
SEZs, manufacturing, foreign trade and telecommunications. The non-oil economy under the microscope.
BCV: 451 Bs/USD · Parallel: ~560-650 Bs · Inflation: 618% annually · Labor cost: $150-200/month per operator (lowest in the Western Hemisphere) · 69.5% of the population earns less than $300/month — the domestic market cannot absorb production at international prices. The opportunity lies in exports.
Local raw materials (Agriculture · fisheries · manufacturing) → Processing in SEZ (100% ISLR reimbursement · 6 years) → Port of departure (50% reduction in port costs)
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