Region
Anambra
Nigeria

Sector
Construction & Materials
Tourism & Leisure

Summary:

The state government is seeking investors for a mixed-use development project under a Public Private Partnership arrangement. The project is aimed at boosting the state's tourism and industry sectors.

Contact
TradeInvestNigeria

Email
infonigeria@gan.co.za

Project: Mixed-used development

State: Anambra

Location: Onitsha Capital

Summary: The state government proposes to develop a mixed-use development in the capital city. The project will be carried out in phases and comprises a 120-room up-market hotel, convention centre, shopping mall, luxury apartments and gated estate; town houses and office building. The development would boost tourism and industry in the state.

Investment type: Public private partnership

Investment structure: Equity (initial capital is available to potential investors through an Special Purpose Vehicle, which the state government will take at least 20% of the equity).
  
Incentives

• Access to land.
• Good infrastructure
• Security
• Prompt payment of the state’s funding in joint venture arrangements
• Assistance in accessing credit

*Nigeria has signed bilateral investment promotion and protection agreements (IPPAs) with several countries, which guarantee the safety investments in the event of war, revolution, expropriation or nationalisation. Investors are also free to transfer interests, dividends, profits and other incomes.

For further information on investment opportunities in Anambra State contact TradeInvestNigeria at infonigeria@gan.co.za