Vivid leveragesits economic development expertise to advise clients on the design and operation of economic zones around the world
Our offer includes the selection of strategic sectors for development and support in economic zones, the mechanisms best used to achieve the objectives of economic zones in the context of national development goals and support to investment promotion and regional regeneration strategies informed by global best practices. Our work in economic development dates back to our founding in 2006 and spans the globe including a number of projects relating to sector strategies and the use of economic zones.
We advise zone developers, regulators and operators around the world on strategic deployment of economic zones to support development objectives
Our team’s expertise has been developed through a decade of project experience and is supplemented through partnerships with international experts on the development and optimisation of economic zones to achieve a range of desired outcomes. We combine evidence-driven analysis of worldwide zone performance with expert advice to support the design of economic zones tied to national development objectives including sustainable development, economic diversification and poverty alleviation.
Our approach to economic zones is delivered through the application of several proprietary analytical tools.
Identification of strategic sectors for zone development is informed by multi-criteria sector selection framework which leverages complexity analysis to identify sectors which are both associated with higher economic growth and closely related to an economy’s current set of skills and capabilities. Our dynamic prosperity toolkit includes an assessment of national wealth accounts and allows us to model the impact of growth in a certain sector on these sources of wealth, including physical, human, natural, institutional and intellectual capital. Our Investment Impacts Modelleverages national social accounting matrices to model the backward and forward linkages from investment in specific sectors, modelling the impacts of investment across supply chains and in trade flows, including in terms of growth, employment and public revenues. These tools allow us to model growth in domestic sectors and imports, as well as the distributional impacts of growth across income levels and the resource intensity of any economic intervention, including water, energy and emissions impacts of specific investments.