82. Establishment of investment zones

The Zones SL shall be responsible for establishing the investment zones ensuring inter alia the following: -

making appropriate arrangements for creating the necessary regulatory, institutional and physical infrastructure for the operation of the investment zone, including but not limited to the preparation of site plans, supply of utilities and other infrastructural services required for the purpose of facilitating the operations of investments which will be located within the investment zone;

obtaining pre-clearances and approvals from all relevant authorities which have continued powers over the activities of the investment zone;

ensuring that rules and procedures for the operation of the activities are duly adopted by the Minister by way of regulations;

entering into agreements as may be deemed necessary for the establishment, operation and management of the investment zone whether such parties are public or private individuals or entities;

formulating schemes for the levy or charge of any services which may be provided to any person within the investment zones.