ECONOMIC DEVELOPMENT

Special

Economic

Zones

A special economic zone (SEZ) is an area in which business and trade laws are different from rest of the country. SEZs are located within a country's national borders, and their aims include: increased trade, increased investment, job creation, security and effective administration.

To encourage businesses to set up in the zone, financial policies are introduced. These policies typically regard investing, taxation, trading, quotas, customs and labor regulations. Additionally, companies may be offered tax holidays, where upon establishing in a zone they are granted a period of lower taxation. American fabrication could be brought back to the Western Hemisphere from China if done correctly.

The creation of special economic zone by the host country may be motivated by the desire to attract foreign direct investment (FDI). The benefits a company gains by being in a special economic zone may mean it can produce and trade goods at a lower price, aimed at being globally competitive.

Our SEZ initiative has begun in Guatemala. Locating an SEZ in Guatemala would also decrease the amount of immigrants forced to travel to the United States seeking safety and employment. These humans are forced north due to a lack of jobs and security in their own countries. Ask yourself, "Would I stay somewhere unsafe with no future of providing for my family?".

At Twenty26 we assist governments and private entities in the development of SZE's so as to bolster foreign investment in a host nation and create SZE's where local best practices are created to protect a local worker's well being, health, benefits and pay.

A maquiladora (Spanish pronunciation: [ma-kee-la-doe-ɾah) or maquila is a manufacturing operation, where factories import certain material and equipment on a duty-free and tariff-free basis for assembly, processing, or manufacturing and then export the assembled, processed and/or manufactured products, sometimes back to the raw materials' country of origin.

The standing up of industrial parks filled with maquilas in the TwentyThree 26 encouraged and promoted Special Economic Zones will help turn the tide for American manufacturers currently relying on Special economic zones of China and bring back business to the United States.

Central American maquilas will encourage migrants heading to the United States to stay local.

We aim to create an increase of self worth to locals. Central American immigrants have no desire to cross through Mexico to get to the United States. They want nothing more than to stay at home and provide a good life for their families.

Gang members will then find jobs so as not be unemployed. Unemployed youth constitute the majority of membership in gangs such as MS13 - etc.

Maquila

Micro

Finance

In its simplest form, our microfinance initiative will provide basic financial services, such as credit and deposit-taking, on a very small scale, to populations that don’t meet the criteria to do business with conventional banking institutions. This covers people whose lack of access to collateral means they cannot qualify for credit, and includes the world's poor, who number over one billion and who live on less than $1.25 per day.

Via our microfinance initiative we will encourage economic stability through generating income rather than subsidies. There will never be enough charitable outreach to solve the problem of world poverty. Charity alone can not address the crisis of the chronic poor.

By providing credit to start small businesses and farms, our partner affiliate microfinanceers will empower the poor of the Tropics to raise themselves out of the cycle of poverty. Our microfinance initiative will change the face of poverty one borrower at a time.

Microfinance is a long term investment in human potential that has the power to generate long term economic returns while simultaneously improving grass roots political and social involvement. While third-party institutional aid programs that try to dictate development in emerging nations from the top down have historically failed, microfinance has the promise of promoting in-country development from the bottom up. The key is focusing on improving the capacity of motivated local populations - the very people who are most vested in promoting long term, lasting economic improvements in their families, communities and countries.