UPSC PRELIMS 2019 : Mahatma Gandhi Technology Park (MGIT-BP) in Côte d’Ivoire.

Mahatma Gandhi Technology Park (MGIT-BP) in Côte d’Ivoire.

Topic : Mahatma Gandhi Technology Park (MGIT-BP) in Côte d’Ivoire.

Topic in Syllabus: Ecology & Environment

 

Context: 

Mahatma Gandhi Technology Park (MGIT-BP) in Côte d’Ivoire.

  • The Mahatma Gandhi Information Technology & Biotech Park (MGIT-BP) has been inaugurated in Côte d’Ivoirein Grand-Bassam
  • The MGIT-BP is being built with India’s assistance through EXIM Bank Lines of Credit of US$ 20 million.

 

MGIT-BP:

  • MGIT-BP is a dedicated Free Trade Zone (FTZ) for IT & Biotechnology.
  • The MGIT-BP project consists of two parts:
    • Firstly, architectural concept and design for the buildings of FTZ and construction of main building to host IT enterprises.
    • Secondly, supply and commissioning of equipment which included, Computer Assembly Plant, VSAT with Satellite Earth Station, Networking Lab, Human DNA Lab, Data Storage Area Network, an Audio-Visual Lab and a power generator.

 

Free Trade Zone (FTZ):

  • A free-trade zone (FTZ) is a class of special economic zone.
  • It is a geographic area where goods may be landed, stored, handled, manufactured or reconfigured and re-exported under specific customs regulation and generally not subject to customs duty.
  • Free trade zones are generally organized around major seaports, international airports, and national frontiers—areas with many geographic advantages for trade

 

About Cote d’Ivoire:

  • Côte d’Ivoire is a West African country with beach resorts, rainforests and a French-colonial legacy. Abidjan, on the Atlantic coast, is the country’s major urban center
  • Capital: Yamoussoukro
  • Currency: CFA franc, West African CFA franc

 

Sample Question:

Which of the below category does SEZ covers:

a. Free trade zones (FTZ),

b. Export processing Zones (EPZ),

c. Industrial estates (IE)

d. All of the Above

 

Answer: d