Armed with the goal of unlocking Nigeria’s industrial potential and driving increased value addition and manufacturing, the Ogun state government has partnered ARISE Integrated Industrial Platforms (ARISE IIP) to develop the Industrial Platform Remo Free Zone (IPRFZ).

  The 45-year tenor project, according to both parties, represents a powerful leap forward in the transformation of raw materials into world-class processed products while enabling job creation, sustainable development and global competitiveness.

  Speaking at a media engagement in Abeokuta, the Director General, Public-Private Partnerships Agency, Ogun State, Dapo Oduwole, said the public-private partnership (PPP) investment strategy is aimed at improving ease of doing business in the state, while helping to drive the country’s industrialisation efforts. 

  He explained that the 45-year PPP arrangement between the state government and IPRFZ is to ensure long-term industrial growth and easy recouping of investment for investors.

  He noted that as part of Governor Abiodun’s efforts to boost internal revenue generation, he launched Open Invest, a one-stop shop offering investors vital information across all 20 local government areas.

  IPRFZ is located within the Remo Economic Development Cluster, which also comprises the AfDB-designated Special Agro-Processing Zone (SAPZ) and Gateway International Agro-Cargo airport.

  The Chief Business Officer, IPRFZ, Prasad Sane, said the aim was to generate over a million jobs across its various projects in Africa, including Nigeria. 

  He said the IPRFZ is a world-class, sustainable industrial ecosystem which will boost exports, enhance trade and serve as a manufacturing and innovation hub. 

  He added that it would cater to both agro and non-agro industries as well as provide commercial, residential and logistic areas, a single window clearance centre, natural gas supply storage solutions, operations and maintenance facilities and other key utilities. 

  “The project is designed to be a unique hub to accelerate Nigeria’s industrialisation drive to attract both local and foreign direct investments and generate jobs, and develop skilled manpower. The first phase, which is already underway, will be completed in 2026,” he said.

  He noted that Nigeria’s population provides an advantage for driving industrialisation and expanding manufacturing capacity.