GSEZ
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Set to be operational by early 2022, the Glo-Djigbé Industrial Zone (GDIZ) is located just 45 km from Cotonou and is dedicated to the local transformation of agricultural product including cotton, cashews, pineapples, shea nuts and soybeans, among others. GDIZ is expected to attract an investment of at least $1.4 billion in the first phase to create about 12,000 jobs. GDIZ is a public-private partnership between the Republic of Benin and ARISE IIP.
"This special economic zone is designed to be a modern industrial park, respecting the highest environmental and social standards, and intended to provide services to different industries."
KEY FEATURES
GDIZ offers a wide variety of convenient, reliable and integrated logistical services.
Commercial space
Warehouses
Truck terminal
Dedicated power supply
Water tanks
Common effluent treatment station
Police station
Fire station
Medical Centre
Single window clearance system
GDIZ offers a set of fiscal and administrative advantages facilitating the set-up and operations of businesses hosted in the industrial zone.
GDIZ is an integrated multi-sector economic zone focusing on the agro-processing industry, from the manufacturing of local cotton into textile to the processing of local food products.
100% relief on income tax
100% relief on customs duties set on importing raw materials, building materials, industrial machines and equipment
100% VAT exemption
100% capital gains tax exemption
100% relief from export oriented goods manufactured in Industrial Zone
100% on repatriation of profits
100% on commerce duties for the 15-nation Economic Community of West African States (ECOWAS) region
No property taxes
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