Law No. 94/IX/2020 creating the Special Maritime Economic Zone in São Vicente (ZEEMSV) or Special Economic Zone in São Vicente. Country/Territory Cabo Verde Document type Legislation Date 2020 Source FAO, FAOLEX Original source Boletim Oficial, Série I, No. 82. Subject Sea Keyword EEZ-Exclusive Economic Zone Legal proceedings/administrative proceedings Navigation Business/industry/corporations Harbour Procedural matters International trade Maritime zone Geographical area Africa, Atlantic Ocean Islands, North Atlantic, Sahel, Small Island Developing States, Western Africa Entry into force notes This Law enters into force on the day after its publication. Abstract This Law, consisting of 51 articles divided into seven Chapters, creates the Special Maritime Economic Zone in São Vicente (ZEEMSV) or Special Economic Zone in São Vicente. ZEEMSV is a legal person under public law endowed with administrative, financial and patrimonial, organizational and regulatory autonomy. It establishes the special legal regime for its organization, development and operation, regulating the administration and management, as well as economic and financial management, superintendence and monitoring, the investment regime, and the establishment and activity, and its relations with the municipality of São Vicente. One of the main duties of ZEEMSV is to promote the development of the island of São Vicente geared towards the best use of its potential in the field of maritime economy, namely for its transformation into a maritime logistics platform for transhipment of cargo and containers, processing, marketing of products of the sea and shipbuilding and repair and an internationally renowned tourist destination in the central Atlantic Ocean. Full text Portuguese Website www.legis-palop.org References - Legislation Implemented by Decree-Law No. 69/2020 creating the Authority of the Special Economic Zone of Maritime Economy in São Vicente (AZEEMSV). Legislation | Cabo Verde | 2020 Keyword: Institution, EEZ-Exclusive Economic Zone, Legal proceedings/administrative proceedings, Navigation, Business/industry/corporations, Harbour, Procedural matters, International trade, Maritime zone Source: FAO, FAOLEX