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Former US Secretary of Agriculture Mike Espy recently invited US companies to invest in the Glo-Djigbé Integrated Industrial Zone (GDIZ) in Benin. He pointed out that the GDIZ is an integrated industrial zone that provides a one-stop shop to facilitate the establishment of businesses.
The GDIZ is located in Glo-Djigbé, a city in Benin located at the exit of Cotonou. This industrial zone was created to promote the industrialization of Benin and to attract foreign investment to the country. The GDIZ is an area of 1,640 hectares, dedicated to the manufacturing industry, services and information and communication technologies.
The GDIZ offers modern infrastructure, such as roads, electricity grids, water, sewerage and telecommunications networks, which are essential for the development of any industry. It is also equipped with logistics areas to facilitate the movement of goods. The area has been designed to provide a business-friendly environment and to reduce business investment and operating costs. It also allows companies to benefit from a number of tax and customs advantages.
The Beninese government has worked hard to create a favorable environment for foreign investment and to encourage companies to invest in the country. The GDIZ is one of the Beninese government’s most recent initiatives to promote the country’s industrialization and attract foreign investment. In inviting US companies to invest in the GDIZ, Mike Espy stressed the importance of US-Benin collaboration in business. He also highlighted the competitive advantages of the GDIZ and the potential for economic growth it offers.
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