GTI Policy Brief 1 : Special Economic Zones in the Greater Tumen Region

The establishment of Special Economic Zones (SEZs), including industrial parks (IPs), has been demonstrated to have a particular positive connection with economic development and the ability of regions to attract foreign direct investment (FDI). North-East Asian countries offer the advantages of high economic complementarity, relationships of trust underpinning economic cooperation, and experience in industrial clustering in the form of a variety of IPs. Now, further optimisation is needed so that trade can be reinvigorated, investments stimulated, and business connections enhanced.