Reference

http://www.freezonesuae.com/ : Dubai UAE site
http://www.uaefreezones.com/
http://www.emiratesfreezone.com/
http://www.planetizen.com/node/23357
http://knowledge.wharton.upenn.edu/article.cfm?articleid=1685

Financial Recovery Proposal

In Search of Conservative Principles

Monday, October 13, 2008

A Proposal for Economic Stimulus

Prepared for

Citizens of the United States of America

Prepared By

Dominic J. Melfi, President, Data Force Incorporated, Racine Wisconsin

EconomicProposal@gmail.com

Project Objectives

Overall objectives are to build Enterprise zones with private investment, domestic and foreign. This will be encouraged by tax relief and low cost loans. An enterprise zone will be focused on one or two market segments or manufacturing types. These zones will become focal points for trained employees, experienced managers, scientific development and exchange of information and experience.

Almost no Federal or state funds are used for these projects; projects are financed by private investments. The incentives are low cost loans and tax relief.

Viability

This program represents a viable opportunity to attract investment. For most companies a 35% increase in after tax margins presents opportunity to increase profitability and compete competitively. Having a Enterprise staff dedicating to streamline dealing with federal and state agencies is a decided advantage for foreign corporations, and provides possibility for some smaller foreign corporations to invest in USA.

· Create Enterprise Zones

o States provide land plan and submit application

§ Land acquisition plan can be in outlying areas with high speed transportation corridors. Federal Government will assist in financing transportation, land acquisition and other infrastructure, or inner city reclamation projects controlled to avoid speculation, one way is to freeze to current tax role assessments and multipliers.

§ Plan needs to include a clean energy plan that will produce 200%
of the energy needed for enterprise zone.

§ Land will be sold to an investment development group which will continue to manage enterprise zone and Enterprise Zone management and Staff

§ Rental, purchase and lease of enterprise zone facilities will be
price controlled for 10 years.

§ For the first 10 years cost for a corporation to build in an
enterprise zone will be negotiated with a state/federal agency participating so a reasonable, non-inflated contract is negotiated. The enterprise developer will have first right of refusal for construction contracts.

o
Zones specialize in markets and industries as submitted in state
proposals.

Examples:

§ Jewelry

§Textiles

§Furniture

§Electronics

§Appliances

§Bio-tech

§Toys

§Information Technologies

§Security Technologies

§Agriculture Science

§Alternate Energy Fuel Cell, Batteries, Wind, Hydrogen,
Hydro-electrical, Tides

§Automotive

· Enterprise Zone Management and Staff

oIncludes state representative hired by state with federal approval

o Corporations pay a management fee

o Management co-ordinates training, management of common infrastructure.

oFacilitate compliance to Federal laws, State laws, and import and
export regulations.

o Planning and expansion board with corporate participation.

· Tax incentives for investment

o100% Corporate Income tax relief

o100% Corporate Import tax and regulation relief

o100% Corporate Export tax and regulation relief

· Infrastructure Creation and support

o Nuclear Power Plant / energy

o Transportation corridor

o Airport accessibility by proximity or transportation corridor

o Temporary and permanent Residential areas

§ Temporary furnished apartments or Motel/Hotel facilities for
transitional relocated workers while they are trained.

§Residential areas for varying income for employees/staff of
enterprise zone, with advantageous financing.

oEducation centers, built by enterprise developer.

·State Support

oLow cost loans for state infrastructure.

oReimbursement of property taxes to state.

oNo state reimbursement of other taxes.

oState benefits from state sales and individual income taxes from increased jobs.
·Financing
o Low Cost loans

o Private investment

o Foreign investments

· Employees

o Relocation expenses

o Relocation

o Education / training

§ A training facility will be built coordinated with the enterprise
objectives. Financed by federal funding.

§ Corporations will share in training expenses with federal
government.

§ Corporations will submit training guidelines to enterprise zone
management.

Corporations

• All domestic and foreign corporations qualify.


• Only new investments will qualify, transferring existing
  operations from state to state will be supported to the extent that they
  represent real growth.


• Low cost financing up to 80% of the gross value of
  project.