Opposition Spokesman on Industry, Investment and Commerce, Karl Samuda, is chastising his government counterpart, Anthony Hylton, for being unable to deliver details about the plan that forms a central plank of the Logistics Hub Initiative.
Minister Hylton yesterday tabled a white paper outlining the government’s proposed policy for the creation of Special Economic Zones, SEZs.
SEZs are a revamped type of free zone, where business and trade laws are different from the rest of the country.
Taxes, customs and labour regulations are usually more flexible in SEZs, in order to attract international businesses to invest in the country.
In tabling the white paper in parliament yesterday, Minister Hylton said a master plan was being developed.
But that wasn’t good enough for Karl Samuda.
Samuda quoted a section of the policy paper that says there will be an analysis of the industries that are best suited to conduct operations within the SEZ.
Minister Hylton responded but again, Samuda wasn’t satisfied.