Increased Visibility and Recognition

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Recognition as a TEE offers increased visibility and global recognition to the businesses operating in that town. This helps them attract potential buyers, investors, and business partners. It may often include foreign investments. It leads to higher demand for the town’s products and drives up export volumes. This usually results in the development of clusters of related industries, which can boost the town’s economic standing.

Employment Opportunities
As exports increase, these towns have a greater demand for skilled labour. Thus, people cameroon phone number list living in TEEs, as well as the neighbouring areas, witness a boom in employment opportunities.

Infrastructure Development
Towns that receive the TEE designation often see significant investments in infrastructure development. This includes improvements in transportation networks, warehousing facilities, and logistics support, which accelerates production and export operations.

Authorisation under the Export Promotion Capital Goods Scheme (EPCG)
This enables exporters to import capital goods needed to produce their products without paying the customs duty. Check out our full blog on EPCG Scheme to learn more.