DAKAR INTEGRATED SPECIAL ECONOMIC ZONE

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1 DAKAR INTEGRATED SPECIAL ECONOMIC ZONE Revised: November 2012 Printed: 28/11/12

2 PROJECT DESCRIPTION The Integrated Special Economic Zone is a space designed to host economic activities and provide businesses with the appropriate infrastructure and services they require to operate in the best conditions. The businesses established within the Zone will benefit from an incentive- driven tax framework defined by law and procedures facilitating their operation. The project goes beyond the Free Industrial Zone concept; it will include an industrial park, service spaces, offices and a logistics platform. There are plans to later incorporate a commercial area, tourist complexes and residential areas. The High Authority responsible for the administration of the Zone will, through the One- Stop- Shop, provide businesses with collective (telecommunications, electricity, water, waste management, etc.) administrative (certification, permits and licences, authorisations, banks and financial services) and logistics (transportation, storage) services in compliance with the best international standards. The Zone will be integrated into its human environment. Current and projected developments do not anticipate the displacement of populations and will be implemented in harmony with the needs of the populations living on the site. Dates Description 23 November 2006 Public Utility Decree for the Special Economic Zone 19 February 2007 Law n on the creation of the Special Economic Zone, fixing its rules of organization and operation and designating Apix as the High Authority. 03 July 2008 Enforcement Decree of Law n PROJECT OBJECTIVES The Integrated Special Economic Zone was set up to create the conditions for the emergence and development of a centre of competitiveness and growth, expected to have a profound ripple effect on the national economy. It will be among the key levers of the Accelerated Growth Strategy. The purpose of this Special Integrated Economic Zone project is to position Senegal as a Business hub for West Africa. INTEGRATED SPECIAL ECONOMIC ZONE 2

3 The economic zone, set up in close synergy with the future Blaise Diagne International Airport project, houses the cargo village facilities designed for logistics operators intervening in the activities of the Airport. It is projected that an average of 400 businesses will be drawn during the first five years and close to 1000 after 20 years, employing about wage earners and indirectly creating about jobs, ultimately. LOCATION o Zone situated at 45km from DAKAR o Adjoining the Blaise Diagne International Airport o Access facility through the future Toll Motorway INTEGRATED SPECIAL ECONOMIC ZONE 3

4 Surface area of site 1 Surface area of site 2 Surface area of the pilot phase ITEMS 718 hectares hectares 50 hectares VALUES DETAILED URBAN DEVELOPMENT PLAN OF THE PILOT PHASE (50 HA) SERVICES PROVIDED BY THE HIGH AUTHORITY Access to technical production factors ü Water; ü Electricity; ü Sanitation; ü Telecommunication Registration of Integrated Special Economic Zone (ZESI) businesses ü Registration in the Trade and Personal Property Credit Register (RCCM); ü Identification numbers of businesses and associations (NINEA); ü Individual and legal entity code; ü Pensions Scheme (IPRES); ü Social Security Fund (CSS) : INTEGRATED SPECIAL ECONOMIC ZONE 4

5 Certification for eligible activities Certification issued by the H.A. relate to the following activities: ü Commercial ü Services (financial and distribution); ü Logistics; ü Industrial; ü Real estate ü Non exclusive certification principles Administrative and land-related formalities ü Prepare declarations of establishment certificates; ü IPRES/CSS registration; ü Issue certificate/validation employment contract; ü Exemption Order in favour of foreign businesses for the constitution Senegalese business; ü Request for an environmental assessment (pollution, waste management; ü Authorisation to open a health care institution; ü Application for visas/residence permit; ü Issuing import / export permits; ü Building permit ü Allocation of the plot and/or functional warehouses TAX AND CUSTOMS CONCESSIONS ATTACHED TO THE DISEZ CERTIFICATION ü Period of validity of concessions: 50 years ü Exoneration of customs duties on equipment and raw materials; ü Tax and duty free entry; ü Exoneration of the payment of income tax; ü Right to employ both Senegalese and foreign staff for foreign businesses; ü Possibility to conclude fixed- term contracts for five (05) years; ü Free foreign currency transactions in the ZESI without deadlines/restrictions CONTACTS INTEGRATED SPECIAL ECONOMIC ZONE 5

6 52-54, rue Mohamed V, BP 430 Tel. : (221) Fax: (221) Fax: Mail. disez@apix.sn Department Management Technical & Development Marketing & Communication Planning & Control Surveillance & Partnership Services to Investors CONTACTS xricou@apix.sn cbiteye@apix.sn nandiaye@apix.sn pmlo@apix.sn asoumare@apix.sn asthiam@apix.sn INTEGRATED SPECIAL ECONOMIC ZONE 6