Introduction:
Development and Management of Free Zone & Business Park Opportunity:
The Government of The Gambia has commissioned Phase 1 for the
development of a 160 hectare Industrial & Business Park at
Banjul Airport.
The Gambia Investment and Export Promotion Agency (GIEPA)
has been mandated by the Government
to appoint a company that will be responsible for the development
and management of the Park under lease concession from GIEPA.
The Developer/Manager will jointly promote the Park with the assistance
of GIEPA both nationally and internationally as a location for
new industry/business development.
Package:
An attractive package of incentives has been assembled by GIEPA
for potential investors at the Business Park.
The first phase development of the July 22nd Business Park of
20ha of which 8.8 ha is completed contains two pre built international
standard factory units, each 1000 m2 in area, together with its
own energy centre, workshops, independent water treatment plant,
solid waste and effluent sewerage treatment plants, telecommunications
network, and first class access roads.
Investment Climate:
The Gambia is fast becoming a first choice location for new investment.
The political and socio-economic stability in the country is unique
to the sub-region. Together with the investment incentives, the
streamlined business procedures, and a Government committed to
public/private sector partnerships, the international image of
The Gambia as an investment location has never been more positive.
The labour force is young, active, flexible and relatively inexpensive.
The Government’s strategy for education embraces both academic
and vocational skills development thus ensuring a future strong
skills base.
The strategic location of The Gambia on the edge of the Atlantic
Ocean, offers convenient access to the US, EU and to the rest
of Africa.
GIEPA has already got a ‘healthy’ pipeline of eligible investment
projects for the Park and is confident that together with a suitably
experienced partner, the “July 22ND Business Park” at the Banjul
International Airport will prove to be a major catalyst in the
economic development of The Gambia.
The Gambia has publicly stated that the private sector will be
“the engine of national development” and that private capital
should play an important role in the economy.
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Business
Guide Foreign
Investment Incentives GIEPA
