Question: w does establishing a facility within a Special Economic Zone (SEZ) address some of Hayco's primary concerns, and which nctions can the SEZ operator provide
w does establishing a facility within a Special Economic Zone (SEZ) address some of Hayco's primary concerns, and which nctions can the SEZ operator provide to achieve this?Concerns about receiving tax holidays are eliminated because the SEZ operator handles all financial matters, including cash management and payroll.Concerns about stability, rule of law, and corruption decline because the SEZ operator can handle critical administrative and operational functions like payroll, security, and large-scale personnel recruitment.Concerns about high labor costs decline because the SEZ operator provides free housing, healthcare, and education for all employees.Concerns about product quality decline because the SEZ operator provides engineering services and takes over all manufacturing responsibilities for the foreign company.
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