development zone
noun[C]
PROPERTY,ECONOMICSukus(alsoenterprise zone)anarea,especiallyin or near acity, where thegovernmenttriestoencourageeconomicdevelopmentbyofferingfinancialadvantagestopeoplewhostartcompanies,factories, etc. there:
Nationwide,almost4,000industrialparksanddevelopmentzonesare underconstruction.
Compare
development area
development land