The port of Kribi, located in Central Africarepresents an interesting opportunity for companies seeking logistics services and a strategic hub to expand their activities in the African market. Here's why:
Kribi Tax Free Project
![](https://aedic.eu/wp-content/uploads/2022/01/terminal_a_conteneurs_du_port_de_kribi_13062016_otric_1213_ns_600.jpg)
Agenda 2035 of the Cameroonian government
- The Cameroonian government's Agenda 2035 aims to transform Kribi into a major logistics and industrial hub
- The aim is to meet the demand of the single African market, thanks to the processing industries of local products
Institutional and technological support
![inauguration of the kribi cameroon motorway 2022](https://aedic.eu/wp-content/uploads/2022/10/inaugrazione-autostrada-kribi-camerun-2022.jpg)
Business opportunities in an economy of scale
- Kribi represents an excellent opportunity for companies wishing to start businesses in an economy of scale
- Many companies of different nationalities have already chosen to invest in Kribi, with very positive results
The port of Kribi, thanks to its strategic locationtax incentives and institutional support, offers attractive investment opportunities for companies seeking to expand their operations in the African market. The presence of a long-term government agenda and adequate technological support make Kribi a promising logistics and industrial hub for the future.
The main industrial infrastructures in Kribi, Cameroon, are:
Port of Kribi
- The port of Kribi is the largest deep-water port in Central Africa
- A vast project is underway to develop an integrated industrial zone on an area of 1500 hectares
- A new logistics hub opened in 2022 of Bolloré Transport & Logistics in the industrial port of Kribi
Industrial area
- A 1,500-hectare industrial zone is being developed, with investments estimated at $900 million and the creation of 50,000 direct jobs expected
- The work involves logging, the construction of telecommunications networks, water, electricity, public lighting, sanitation, roads, as well as the construction of commercial buildings
Road Infrastructure
In addition, Kribi benefits from the status of Tax Free Zoneoffering significant tax and customs exemptions to companies setting up there.
![](https://aedic.eu/wp-content/uploads/2022/10/autostrada-Kribi-loble-camerun-2022.jpg)
This has already attracted many foreign direct investments in the port and industrial area. In summary, Kribi is rapidly developing port, road and industrial infrastructure to become an important logistics and production hub in Central Africa, also thanks to tax incentives and government investment.
In Kribi, Cameroon, companies setting up in the area benefit from significant tax and customs incentives thanks to two specific laws:
Law on private investment incentives in Cameroon (2013)
Special Economic Zones Act
- It regulates tax and customs benefits for companies investing in Cameroon's special economic zones, such as Kribi
In particular, companies setting up in the 1500-hectare integrated industrial zone being developed in Kribi Port will benefit from these tax and customs advantages. In addition, Kribi enjoys Tax Free Zone status, offering additional exemptions to companies establishing themselves there. In summary, thanks to a favourable regulatory framework, companies investing in Kribi can count on significant tax and customs incentives, both during the start-up and production phases. This makes Kribi a very attractive area for attracting foreign direct investment.
Managing change and your expansion in Africa calmly and professionally
Thanks to important bilateral recognitions and collaborations with institutions, port agencies etc, for your economic breakthrough in Africa, AEDIC offers the opportunity to enter a safe harbour, with tax benefits and tax relief for 10 years, concessions and low cost of highly educated skilled labour in central location in AFRICA.
![africa](https://aedic.eu/wp-content/uploads/2022/12/avatar_user_1_1670231421-100x100.png)