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Rule 19
Regarding giving permission to establish, operate and manage special economic zones from the private sector
According to sub-section (1) of Section 6 of the Act, an investor who wishes to establish, operate and manage a special economic zone in a location shall submit an application to the authority in the format as per Schedule-1 with the following details for approval letter:-
(a) Details of the four forts opened with the location where the Special Economic Zone will be established and the area of land required for the same,
(b) Whether the infrastructure and facilities required for the establishment of special economic zones as per sub-section (2) of section 4 of the Act are available,
(c) The nature of the industries in the special economic zone, the estimated number and details of the export processing areas, export promotion houses or other areas,
(D) Service facilities and infrastructure available in the special economic zone (e) The amount proposed to be recovered or leased from the industry for using the service facilities and infrastructure provided in the special economic zone,
(f) Security arrangements for Special Economic Zones,
(g) Service charges proposed to be paid to the Authority for services provided in the Special Economic Zone,
(h) Details of the economic and technical capacity to develop, operate and manage the special economic zone (i) Investment amount proposed to be invested in the special economic sector,
(j) Other details prescribed by the authority.
(2) If an application is received for the establishment, operation and management of a special economic zone in any place according to sub-rule (1), the authority shall conduct a survey in accordance with sub-section (1) of section 4 of the Act regarding the appropriateness of designating such a place as a special economic zone or not. The applicant will have to bear the expenses incurred during such survey.
(3) According to the survey conducted according to sub-rule (2), the necessary infrastructure for the operation of the special economic zone from the private sector has been prepared in the location requested by the applicant and the financial and professional personnel who can establish, operate and manage the special economic zone of the applicant.If found to have legal capacity, the authority will recommend to the ministry for approval.
(4) Based on the recommendations received as per sub-rule (3), if it is deemed desirable to give the approval certificate for the establishment, operation and management of the special economic zone to the applicant, the ministry will submit a proposal to the Government of Nepal for approval.
(5) Before submitting the proposal according to sub-rule (4), if necessary, the Ministry may request additional documents or details from the applicant.
(6) Based on the proposal submitted in accordance with sub-rule (4), if approval is received from the Government of Nepal for the development, operation and management of the Special Economic Zone, the authority shall charge a fee of ten thousand rupees and set the necessary conditions for the establishment, operation and management of the Special Economic Zone to the applicant in accordance with Schedule-2 Will give approval letter.
(a) Details of the four forts opened with the location where the Special Economic Zone will be established and the area of land required for the same,
(b) Whether the infrastructure and facilities required for the establishment of special economic zones as per sub-section (2) of section 4 of the Act are available,
(c) The nature of the industries in the special economic zone, the estimated number and details of the export processing areas, export promotion houses or other areas,
(D) Service facilities and infrastructure available in the special economic zone (e) The amount proposed to be recovered or leased from the industry for using the service facilities and infrastructure provided in the special economic zone,
(f) Security arrangements for Special Economic Zones,
(g) Service charges proposed to be paid to the Authority for services provided in the Special Economic Zone,
(h) Details of the economic and technical capacity to develop, operate and manage the special economic zone (i) Investment amount proposed to be invested in the special economic sector,
(j) Other details prescribed by the authority.
(2) If an application is received for the establishment, operation and management of a special economic zone in any place according to sub-rule (1), the authority shall conduct a survey in accordance with sub-section (1) of section 4 of the Act regarding the appropriateness of designating such a place as a special economic zone or not. The applicant will have to bear the expenses incurred during such survey.
(3) According to the survey conducted according to sub-rule (2), the necessary infrastructure for the operation of the special economic zone from the private sector has been prepared in the location requested by the applicant and the financial and professional personnel who can establish, operate and manage the special economic zone of the applicant.If found to have legal capacity, the authority will recommend to the ministry for approval.
(4) Based on the recommendations received as per sub-rule (3), if it is deemed desirable to give the approval certificate for the establishment, operation and management of the special economic zone to the applicant, the ministry will submit a proposal to the Government of Nepal for approval.
(5) Before submitting the proposal according to sub-rule (4), if necessary, the Ministry may request additional documents or details from the applicant.
(6) Based on the proposal submitted in accordance with sub-rule (4), if approval is received from the Government of Nepal for the development, operation and management of the Special Economic Zone, the authority shall charge a fee of ten thousand rupees and set the necessary conditions for the establishment, operation and management of the Special Economic Zone to the applicant in accordance with Schedule-2 Will give approval letter.