About Us
About Industrial Platform Remo Free Zone
Industrial Platform Remo Free Zone (IPRFZ) is a public-private partnership between ARISE Integrated Industrial Platforms (IIP) and the Ogun State Government in Nigeria. The aim is to design, finance, build and operate a world-class and sustainable Free Trade Zone (FTZ) in Sagamu, Ogun State.
- Projected Job Creation:
- Direct – 15 000,
- Indirect – 25 000
About ARISE IIP
ARISE IIP is a pan-African developer and operator of tailor-made and sustainable Integrated Industrial Platforms and Special Economic Zones (SEZ). The company has a solid track record with presence in over 10 African countries and counting, including Gabon, Togo, Benin Republic, Sierra Leone, Chad, Rwanda, Congo-Brazzaville and Democratic Republic of Congo.
Backed by two shareholders, Africa Finance Corporation (AFC) and Equitane (formerly Africa Transformation and Industrialization Fund – ATIF), we identify industrial gaps in African countries that unlock value and create new industries. Our aim is to industrialise key sectors by creating local transformation, and maximizing production, efficiency & cost, in turn generating local value addition.
Our trusted partnerships with governments and investors enable us to execute large scale projects that transform local value chains and industrialise countries in an environmentally sustainable way.
We are committed to making Africa thrive!
Why Invest?
Industrial Platform Remo Free Zone is a catalyst for industrialisation and value addition.
We offer a fertile ground for transformation, innovation, efficiency and growth to businesses, local communities and our host nation, Nigeria.
Key Utilities
Gas-Powered
Electricity Supply
Wide Lane Roads
Internet
Security
Gas & Water Supply
Telecoms
Green and
Open Spaces
Wastewater
Treatment Plant
Banks
Hospital
Fire Station
Police Station
Fiscal and Tax Benefits
- Exemption from taxes, levies, and customs duties
- Repatriation of foreign capital investment with capital appreciation of investment
- Exemption from expatriate quotas
- Free remittances of profits and dividends earned in Free Trade Zones
- No import or export license required if established in a Free Trade Zone
- Preferential tariffs for made-in-Nigeria goods by some economic blocks like the European Union (EU)
- Legal guarantees and protection of foreign investments, both in Free Trade Zones and within Nigeria, from nationalization, expropriation, and mandatory buying by the Nigerian government as confirmed in the Nigeria Investment Promotion Act
- Sell up to 100% of manufactured items, with up to 35% value addition, in the domestic economy
- One-Stop approvals for all permits, operating licenses, and incorporation papers
- Free trade relationship between investors and their personnel as no strike or lockout is permitted for a period of ten years following the commencement of operations in Free Trade Zone
Key Industries
Sustainability
At Industrial Platform Remo Free Zone, we are committed to promoting environmental responsibility and sustainable development – embracing the United Nations’ Sustainable Development Goals.
OUR SUSTAINABILITY APPROACH CONSISTS OF FOUR PILLARS, WHICH ARE AS FOLLOWS:
Carbon Neutrality
Our goal is to achieve carbon neutrality by gradually eliminating intensive carbon energy sources through targeted initiatives.
Diversity and Inclusion
We aim to increase diversity across all levels of our organization through dedicated programs.
Circular Economy
We strive to reduce wastage of resources by carefully integrating circular economy principles into our business strategy and operations.
Responsible Supply Chain Management
We identify supply chain risks and take proactive measures to implement responsible procurement practices and boost stakeholder engagement.
About Nigeria
A Country on the Rise
Nigeria is the largest economy on the African continent.
KEY FIGURES:
- Gross Domestic Product (GDP) of over $460 billion (2022)
- Highest population in Africa – over 220 million; estimated 50% are youth & increasingly urban
- Forecast to become one of the world’s top 20 economies by 2030, supported by rapid infrastructure expansion
- Possesses significant natural resource wealth, ranking in the world’s top 10 for proven reserves of oil and gas
- Main oil exporter in Sub-Saharan Africa
- Rich in other natural resources including gas, tin, iron ore, coal, limestone, niobium, zinc, arable land and more
A Strong Investment Case
Trade Agreements and Related Foreign Relations:
Other bilateral investment agreements with 31 countries including but not limited to Morocco, Singapore, Russia, Kuwait, South Africa, Germany, France. However, only 15 of these are in force such as the Trade and Investment Framework Agreement (TIFA) with the USA.