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Ivory Coast | Special Economic Zone
ZIC (Zones Industrielles de Côte d'Ivoire) stands as a testament to the strategic partnership between Arise IIP and the Republic of Côte d'Ivoire. Functioning as a Public-Private Partnership (PPP), this collaboration underscores a commitment to sustainable industrial development. ZIC is an infrastructure-rich industrial park designed to propel economic growth by providing cutting-edge facilities and logistical support.
At the core of ZIC's offering is its emphasis on logistics advancement. The park's strategic location and well-developed road networks make it an ideal hub for the efficient movement of goods. This logistical efficiency translates into increased competitiveness for businesses operating within ZIC, fostering both local and international trade.
Moreover, ZIC plays a crucial role in import substitution, enabling Côte d'Ivoire to meet its domestic demand for processed goods. This not only bolsters self-sufficiency but also positions the country as a reliable source of quality products, reducing dependence on imports and enhancing economic resilience.
In essence, ZIC, as a collaborative effort between Arise IIP and the Republic of Côte d'Ivoire, is a multifaceted platform driving industrial growth. By integrating logistics, utilities, and strategic initiatives for agro-commodity processing, ZIC aims not only to bolster local industries but also to position Côte d'Ivoire as a regional leader in manufacturing. This PPP model serves as a blueprint for sustainable development, emphasizing the importance of private sector participation in driving economic progress.
440 ha
Zone Area
Abidjan
Location
$300 Mn
FDIs Target
Shea Processing
Production
300,000 tonnes
Rubber Processing
Annual Production
1.5 MMT
Export Value
$1.9 Bn
Palm Oil
Market Size
$70 Bn
Garmenting
Forecast
$8 Bn
Glass Manufacturing
Forecast
$12 Bn
Glass Container Demand
5 Mn Tons
Cashew
Export Value
700,000 MT
Demand
4 Mn MT
Fruit Processing
Cocoa
Ceramics
Cement
Hardware Products
Cotton
ZIC (Zones Industrielles de Côte d'Ivoire) offers a business-friendly environment with distinct advantages for investors. The park provides a ready-made platform, addressing essential business needs such as logistics, utilities, and infrastructure. This turnkey approach significantly reduces the setup time and allows entrepreneurs to focus on core operations from day one.
Moreover, ZIC introduces a single-window facility, streamlining administrative processes for investors. This centralized approach ensures that all necessary tasks, from permits to regulatory compliance, are efficiently managed in one location. Investors benefit from a simplified and time-effective system, promoting ease of doing business within the park.
Ownership advantages further sweeten the deal for investors at ZIC. The public-private partnership with Arise IIP and the Republic of Côte d'Ivoire offers a supportive framework, fostering collaboration between the government and private entities. This partnership not only provides a stable regulatory environment but also signifies a commitment to mutual success, promoting a conducive atmosphere for sustainable business growth.
In essence, ZIC is more than just an industrial park; it's a comprehensive ecosystem designed to enhance business ease and ownership advantages. By offering a pre-established platform, a streamlined administrative process, and a collaborative ownership model, ZIC positions itself as an attractive destination for investors seeking a hassle-free and supportive environment to establish and grow their businesses.
During Implementation phase, investors are exempted from paying any sorts of duties, duties including custom duties and TVA on the goods and services used exclusively in the project.
During Operational phase:
1. If the exports are greater than 80%, the investor is exempted to pay duties, duties including custom duties and TVA on raw materials used exclusively for manufacturing transformation process and only pay a flat-fee of:
a. 2.5% on turnover for first 5 years
b. 4% on turnover from 6th year onwards;
2. If the exports are less than 80%, investors are exempted of 50% of Corporate Income Tax for the first 3 years;
Please note that the investors in ZIC, are open to choose Arise fiscal benefits or the fiscal benefits "Investment Code" that are applicable in CIV.
192.02 Ha
Phase 1: Zone 1 & 2
247.39 Ha
Phase 2
8+
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