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Incentives plan helps agriprocessing investors
Sat, 12 Nov 2011 06:17

Region
Akwa Ibom
Nigeria

Sector
Agriculture & Agri-processing

Summary:
Investors have the opportunity to invest in Akwa Ibom State's agriculture sector, especially in the production and processing of cash crops such as oil palm, cocoa and rubber, as well as food crops like cassava and rice.
Contact
TradeInvestNigeria

Email
infonigeria@gan.co.za


Akwa Ibom State's government is seeking investors to expand the agriculture and livestock sectors.

Investment Opportunities

 Food production:  

Commercial production of rice, cassava, plantain/banana, ginger and vegetables  

Processing and packaging of food crops

Tree crop production:

Large-scale production of tree crops: Oil palm, cocoa, rubber, coconut and African pear. Manufacture of craft goods from agricultural raw material piassava, raffia fibre, palm fronds, coconut shell and husks.

Processing of produce into industrial raw materials: fronds and seed oils, starch, rubber crumbs, cocoa beans, palm wine, copra etc. Down stream products could be vegetable oils, soap/detergents, livestock feeds, beverages, tyres/tubes, shoes, carpets, etc.

Livestock Production/Veterinary Services

Intensive production of poultry and pigs for the meat market

Processing and packaging of meat, especially pork for export

Conversion of slaughterhouse raw materials e.g. bone, blood, ingesta into commercial products e.g. animal food, drugs, cleansing agents

Incentives

Land and title deeds

Access to research studies in various fields

Tax holidays and capital allowances

Easy repatriation of profits. 

 

 

 

 

 

 

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