About Us
Who We Are
The Orashi Special Energy Free Trade Zone (OSEFTZ) is a free trade zone located in Imo State to facilitate the region’s industrialization. It is dedicated to gas-based industries and heavy manufacturing companies and is sponsored by Oriashi Project Company Limited in partnership with the Imo State Government.
OSEFTZ’s goal is to enhance energy supply, support infrastructure development, and stimulate economic growth in Imo State and Nigeria as a whole. OSEFTZ will serve as an international gas hub, attracting investments and fostering innovation.
Vision
To be the premier energy free trade zone in West Africa, catalyzing Nigeria’s transition to a diversified and sustainable energy economy
Mission
To enhance the energy supply and support infrastructure development in Imo State and Nigeria as a whole. By providing a favorable regulatory environment and promoting collaboration among businesses, government agencies, and research institutions, OSEFTZ seeks to stimulate economic growth, attract downstream investments, and encourage sustainable industrial practices, thereby contributing to the overall prosperity of the region.
Core Values
Integrity
We uphold the highest ethical standards in all our dealings, fostering transparency and trust among stakeholders, investors, and the community.
Innovation
We embrace creativity and forward-thinking solutions, promoting research and development to drive advancements in gas utilization and heavy manufacturing.
Sustainability
We are committed to environmentally responsible practices, promoting energy efficiency and sustainable technologies to ensure a positive impact on our community and the planet.
Excellence
We strive for the highest standards of quality and performance in all our initiatives, ensuring that we consistently deliver value to our investors and stakeholders.
Community Engagement
We prioritize the needs and aspirations of the local community, actively engaging in initiatives that promote economic development and improve the quality of life for residents.
Key Features
Strategic Location
OSEFTZ is strategically situated to benefit from Nigeria's extensive gas reserves and proximity to major transportation networks, facilitating easy access to local and international markets.
Incentives
Operating within a favorable regulatory environment, OSEFTZ offers incentives such as tax breaks, customs exemptions, and streamlined business processes to attract investors.
Business Ecosystem
The zone is designed to foster collaboration among businesses, research institutions, and government agencies, creating a dynamic ecosystem that encourages growth and innovation.
Sustainability Focus
OSEFTZ is committed to sustainable industrial practices, promoting energy efficiency and environmentally friendly technologies within its operations.
Key Incentives
Tax Exemption
Exemption from taxes, levies, duties, and related regulations.
Capital Repatriation
Repatriation of foreign capital investment in the free zone
Profits Remittance
Remittance of profits and dividends earned by foreign investors
No Licences
No import or export licenses required.
Foreign Ownership
Up to 100% foreign ownership of businesses in the free zone
No Expatriate Restrictions
No expatriate restrictions for companies operating in the zone