FaceTime (feat. MALCXM)

ZEDE

A Zone for Employment and Economic Development (Spanish: Zonas de empleo y desarrollo económico, or ZEDE, colloquially called a model city) was a type of administrative division in Honduras that provides a high level of autonomy, with its own political system at a judicial, economic, and administrative level, while still subject to the Honduras government.Cities were planned to be created to attract investment in currently uninhabited parts of the country, or in municipalities that agree to be converted into ZEDE zones. Every zone was to be governed by a technical secretary, elected by a committee appointed by the president of Honduras. ZEDEs were inspired by free trade zones in China (Hong Kong, Macao, Shenzhen, Shanghai), South Korea (IFEZ), and Singapore. … more »