The world's first Free Trade Zone was established in Shannon, County Clare, Shannon Free Zone.This was an attempt by the Irish Government to promote employment within a rural area, make use of a small regional airport and generate revenue for the Irish economy. It was hugely successful, and is still in operation today.
There are many headaches business executives have to deal with on daily basis to keep their businesses afloat. These include among others things, the heavy burden and multiplicity of taxation, bottle-necks with customs when importing goods or raw materials. couple this with Nigeria's very harsh business environment and you begin to understand the conditions many businesses operate in Nigeria. Just today, i read in the papers of the suspension of operations by Air Nigeria because of two things, 1- disloyalty from staff and harsh business environment.
Just imagine for a moment that as a local company or say a foreign company, you had total control of the number of expatriates you can have in your employment? Just imagine what you could accomplish if you had additional 30% of your total income every year given back to you? Stop imagining.
I consider it very important to write about the Onne Oil and Gas free trade zone because it offers many businesses operating in Nigeria or others wishing to do business in the region's Oil and Gas sector a unique opportunity to give their businesses additional incentive to succeed, big-time. So how big are these benefits am talking about? well read on.
Standard Free Zone Incentives
Specific Onne Advantages
Logistics Centre For West Africa