Snake Island is located opposite Tin Can Island Port, Apapa and has immediate access to the open sea.

Snake Island Integrated Free Zone (SIIFZ) was established in January 2005 when Presidential Approval was given on January 28th 2005 for a Free Trade Zone and Port Development.

SIIFZ operates under the Nigeria Export Processing Zones Authority (NEPZA) Decree 1992  Decree No. 63. as recorded in the Federal Republic of Nigeria Official Gazette No. 67 Vol. 79 dated 21st December 1992.

SIIFZ and its Management company SIMCO FZC were licensed by NEPZA on April 4th 2005.

SIIFZ became operational with effect from July 4th 2005.