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What is the difference between a Private Freeport Developer and a Third Party Freeport Developer?

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What is the difference between a Private Freeport Developer and a Third Party Freeport Developer?

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A private Freeport Developers (PFD) is a Freeport licensee issued with a licence by the Authority to build, develop and manage specialised facilities in a Freeport zone for the PFD’s exclusive use and to conduct its own business and trade operations. An application for a PFD is usually considered when a Freeport activity cannot be accommodated in a Third Party Developer’s zone.

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