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N. Macedonia's free economic zones authority launches new industrial zone in Bitola

N. Macedonia s free economic zones authority launches new industrial zone in Bitola
VMRO-DPMNE/All Rights Reserved.
SKOPJE (North Macedonia), March 11 (SeeNews) - The North Macedonia Free Zones Authority (DTIZ), the governmental managing body responsible for developing free economic zones throughout the country, said it is launching a new industrial zone in Bitola, in the southwestern part of the country, with an initial investment of 1 million euro ($1.2 million).
The initial financing will be used to improve the working conditions in the zone, which is currently occupying 3 hectares of land, DTIZ said in a statement on Wednesday.
The free economic zones authority plans to invest a total of 3 million euro or 4 million euro in the zone by the end of 2021, it added. ....

Macedonia General , Macedonia Free Zones Authority , North Macedonia , North Macedonia Free Zones Authority , மாசிடோனியா ஜநரல் , மாசிடோனியா இலவசம் ஸோந்ஸ் அதிகாரம் , வடக்கு மாசிடோனியா , வடக்கு மாசிடோனியா இலவசம் ஸோந்ஸ் அதிகாரம் ,

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Sources: Balkan Insight, CIA World Factbook, The Economist, Government of Canada Global Travel Advisory, International Monetary Fund, Republic of Macedonia State Statistical Office, Reuters, Transparency International, US State Department, World Bank
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Economically speaking, most former Communist countries fall between a less strictly directed version of the Soviet command economy and a Western-style market economy. North Macedonia has been moving toward the market model, says Viktor Mizo, managing director of Kostal Macedonia, a Ohrid-based unit of the Skopje Kostal Group, and former head of the North Macedonia Free Zones Authority and of the government’s investment and export promotion agency. ....

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