The Aden Free Zone (AFZ) Arabic: المنطقة الحرة عدن, romanizedalmintaqat alhurat eadn, lit.'Free Zone Aden' is a free-trade zone in Yemen established in the city of Aden in compliance with the Yemeni Free Zones law of 1993.[2]

Aden Free Zone (AFZ)
Location
CountryYemen
LocationCALTEX-ADEN
Coordinates12.808537, 44.991932
Details
Operated byAden Free Zone Authority
Owned byGovernment of Yemen
PresidentHassan Haid
Establishment[1]The Free Zones Law No. (4) of 1993
Statistics
TypeFREE TRADE ZONE

Overview

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After the unification of Yemen on May 22, 1990, the city of Aden was designated as the economic and commercial capital of the Republic of Yemen.[3]

The Free zone is an independent body with full legal personality and independent financial authority; however it operates with co-operation with the Gulf of Aden Ports Authority, which includes the Aden Container Port and Aden International Airport.[4]

Location and general characteristics

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Aden is the second largest city, commercial and economic Capital of the Republic of Yemen. One of the most important centers in the trade activity that supports Yemeni economy. Has a strategic location at the entrance to the Red Sea and almost all traffic between Europe and Asia passes within a few miles of the port entrance.[5][6]

See also

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References

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  1. ^ "قانون المناطق الحرة". yemen-nic.info. Retrieved 2023-05-29.
  2. ^ "Aden Free Zone". middleastfreezone.com. Retrieved 2023-05-27.
  3. ^ The official website of the Aden Trade Free ZoneArchived 5 March 2016 at the Wayback Machine
  4. ^ "قانون رقم(4)لسنة 1993م بشأن المناطق الحرة". yemen-nic.info. Retrieved 2023-05-27.
  5. ^ Tunçer, Mehmet. "Aden Free Zone Light Industrial Area and Warehouses Land Use Plan". Academia.
  6. ^ "Gulf of Aden Regional Hotspot". dg.dryadglobal.com. Retrieved 2024-03-24.