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Republic of Congo | Special Economic Zone
The Republic of Congo is a Central African country, straddled by Africa's most powerful river. Covering almost 65% of the country's land area, the Congo Basin Forest is one of the country's ecological prides, and it is the 2nd largest troprical forest in the world after the Amazon rainforest.
It is the world's largest carbon sink, absorbing more carbon than the Amazon. 3rd largest exporter of roundwood, 4th largest exporter of wood products in Africa after South Africa, Cameroon and Gabon, the Republic of Congo is the third largest oil producer in sub-Saharan Africa. Plateformes Industrielles du Congo (PIC) is a public private partnership between ARISE IIP and the Republic of Congo.
The objective of this partnership is to develop 3 SEZ in Pointe-Noire the economic capital of the country, Oyo and Ouesso. The main priority now is the zone in PNR, with a surface area of 2,700 hectares, which we are approaching in 2 phases. We're in phase 1, which covers just over 465 hectares.
With this project, the government intends to diversify its economy, which until now has relied solely on revenues generated by the oil sector. It would also like to develop the value chain of natural resources available in the country, by processing them locally. One of the reasons for this project is also to generate employment.
2,700 Ha
Zone Area
Congo
Location
$1.85 Bn
FDIs Target
Sawn Wood
Market Size
$500 Bn
Glass Manufacturing
Market Size
$300 Bn
Caustic Soda
Market Size
$50 Bn
Methanol
Market Size
$100 Bn
Paper & Pulp
Eucalyptus Plantation
15,000 Ha
Supply
600,000 cbm
Furniture
African Furniture Market
$30 Bn by 2025
MDF
Market Size
$40 Bn
Plywood
Demand
30,000 cbm
Production
8,000 cbm
Supply
600,000 cbm
Veneer
Market Size
$30 Bn
Metal Refining
Resources
Copper, Iron & Metal Ores
Copper Wires and Cables
Market Size
$580 Mn
CAGR
5.2%
Forecast
$1 Bn
Copper Cathodes
Market Size
$900 Mn
CAGR
5%
Forecast
$2 Bn
Metal Recycling
Market Size
$1.05 Bn
CAGR
5.5%
GDP Contri.
10%
Custom Duties: Exemption from all customs duties and taxes while importing machinery equipment, raw materials, office supplies, vehicles, etc.
€150 Mn
Total investment in infrastructure
5,000+
Job creation in Pointe-Noire
2235 Ha
Total planned area size of Phase 2
June 6, 2024
ROC President Visit Pointe-Noire SEZ to Oversee Support Process to Onboard Potential Investors
View ArticleJune 6, 2024
Forestry Unit "Mila Mila" Setup & Wood Processing Agreement Signed in Dolisie
View ArticleCompare
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