These zones aim to foster the development of manufacturing facilities and exports, create employment and training opportunities for Libyans, transfer technology and knowledge, and diversify the economy. Investors in free zone activities benefit from expedited business establishment processes, free repatriation of capital and profits, energy supply at local rates, exemption from commercial registration, tax, custom duty restrictions, exchange controls and monitoring, and vast areas of land on lease for up to 30 years (renewable). In response, the MENA-OECD Investment Programme launched the Iraq Project, which helps identify and support policy reforms through research and policy dialogue.