On 1st Nov 2012, Federal Treasury approved the following blanket financial incentives for the relevant activities in Sipitang Oil & Gas Industrial Park. Promotions for SOGIP was also initiated by SOGDC.
The following incentive policy applies to applications received by SEDIA up until 31st December 2020.
Manufacturing (Downstream Activities)
Medium & heavy industries
- Urea & ammonia production
- Solar glass
- Ship building & repairs
- Marine supply base & fabrication yard
- Iron ore palletizing
- Hot briquette iron
- Combined cycle power plant