Lagos
Nigeria
Sector
Property
Tourism & Leisure
The Lagos State Government is inviting private companies to partner with it in the construction of a conference centre.
As the commercial hub of Nigeria and West Africa the mega-city is ideally positioned for such a facility. The plan is to develop the largest conference centre in Africa at a size of 60 000 m².
With a view at strategically positioning Lagos on the world tourism map, the current administration intends to execute a number of tourism projects on a public private partnership basis.
Reasons to invest in Lagos State
Location: Lagos State is strategically located on the coast of Nigeria with a large seaport and international airport. The beauty of the natural environment of Lagos is defined by water - the Atlantic Ocean and its breakers, the beached, the wetlands and the fascinating character of 61 different islands.
Market: As the commercial capital of Nigeria, Lagos State is the obvious location for a conference centre. A large number of conferences and trade shows are already held in Lagos every year but existing facilities has become inadequate.
Labour: Nigeria has a population of close to 150 million people; an abundance of skilled and unskilled labour is therefore available.
Political climate: Since the return to democracy in 1999 Nigeria's political climate has stabilised dramatically. Although the country still has a way to go there is a general consensus that civilian rule is here to stay.
Incentives: The Lagos State Government is offering a number of incentives to serious investors in the state. These include the provision of infrastructure and special tax holidays and deductions.
For more information on this opportunity please contact Senator Tokunbo Afikuyomi, Commissioner for Tourism and Inter-governmental Relations at infonigeria@gan.co.za
