The Ekiti State Special Agro-Industrial Processing Zones (SAPZ) is a government-driven initiative with support from African Development Bank aimed at transforming agriculture into a catalyst for industrialization and economic growth. The zone serve as hubs for agricultural production, processing, and value addition, underpinned by modern infrastructure such as power, water, roads, and logistics facilities. They are designed to enhance agricultural productivity, attract investments, create jobs, and bridge economic disparities between rural and urban areas.

KEY OBJECTIVES OF SAPZ

Promoting Agro-Industrialization: SAPZ focuses on processing raw agricultural produce into finished goods, adding value and enhancing economic returns.

Boosting Productivity: By integrating advanced farming methods, SAPZ improves efficiency in agricultural practices.

Attracting Investments: Incentives like tax breaks encourage local and foreign investors to participate in agricultural value chains.

Job Creation: SAPZ provides employment opportunities in farming, logistics, and processing industries.

Improving Rural Livelihoods: It enhances income levels and living standards for rural populations through integrated agricultural development.

Reducing Post-Harvest Losses: By equipping zones with proper storage and processing facilities, SAPZ preserves product quality and reduces waste.

Strengthening Export Competitiveness: SAPZ positions agriculture as a key export sector, enabling the production of high-value goods for global markets.

FEATURES OF SAPZ

Strategic Clustering: Zones are established in regions with strengths in specific crops or livestock to maximize production.

Integrated Infrastructure: SAPZ provides critical utilities and logistics tailored for agriculture and processing industries.

Partnership Model: Collaboration among governments, private sectors, and development partners ensures sustainable operations.

Policy Incentives: Supportive regulatory frameworks, including tax incentives, attract investors and drive growth.

Indicative Value
$30,000,000.00
Phase
Development Stage
Climate Report
Document
Last Update
Location
Oye and Ikole Local Government Area