Jazan Special Economic Zone: Saudi Arabia's Strategic Gateway to Global Markets

The Kingdom of Saudi Arabia is one of the world's largest and most influential economic powers, driven by its robust economic assets and unique investment opportunities. Ranked 16th globally and first in the Middle East and North Africa, the Kingdom is distinguished by its diverse natural resources and its strategic location at the crossroads of key trade routes connecting three continents.

 Jazan Special Economic Zone is one of the Kingdom's first economic zones, positioned as its southern gateway to global markets. Its strategic location, through which over 13% of global trade flows, plays a crucial role in boosting economic growth. Designed to support the objectives of Saudi Arabia's Vision 2030, the zone aims to foster economic development and create new job opportunities.

 The economic zone offers a range of attractive incentives, including a reduced 5% income tax rate for foreign companies (fixed for 20 years with the possibility of extension), tax-free transfer of capital and profits, exemption from import and export duties, a 0% value-added tax, and no tax deduction on capital and profit transfers. Additionally, it provides long-term land leases of up to 50 years and exemption from financial compensation requirements for employees and their dependents.

 The industrial sector in Jazan Region is experiencing significant growth and transformation, driven by the unwavering support of the wise Saudi leadership, who has prioritized the development of this sector. This progress is facilitated by the provision of essential infrastructure, industrial cities, and logistics services, all aimed at strengthening the sector's competitive advantage.