Law No. 3/2014 creating the Special Administrative Region of Oe-Cusse Ambeno and establishing the Special Zone of Social Market Economy.
Country
Type of law
Legislation
Date of original text
Date of latest amendment
Abstract
This Law creates the Special Administrative Region of Oe-Cusse Ambeno and establishes the Special Zone of Social Market Economy Zone of Oe-Cusse Ambeno and Ataúro, which includes the island of Ataúro as a complementary development hub. The Region's objective, in economic matters, is the inclusive development of the Region, giving priority to socio-economic activities to promote the quality of life and well-being of the community, namely: a) Development of commercial agriculture; b) Creation of an ethical financial platform; c) Creation of a free zone; d) Increase in tourism; e) Creation of an international study and research centre on climate change; f) Creation of a green research center; g) Implementation and development of industrial, export and import activities; h) Other economic activities that create added value for the Region, as well as strengthening its international competitiveness.
Attached files
Web site
Entry into force notes
This Law enters into force on the day after its publication.
Notes
Last amended and reprinted by Law No. 18/2023 of 30 November.
Repealed
No
Serial Imprint
Jornal da República, Série I, No. 21, 18 June 2014.
Source language
English
Legislation Amendment
No
Original title
Lei N.º 3/ 2014 de 18 de Junho Cria a Região Administrativa Especial de Oe-Cusse Ambeno e estabelece a Zona Especial de Economia Social de Mercado.