

Kwara
Nigeria
Sector
Tourism & Leisure
The Kwara State Government is opening its doors to investors, both local and foreign, for the development of Owu Waterfalls located in the Owa-Kajola and Ifelodun Local Government Areas of the state.
The development will involve the planning and construction of modern infrastructure that would make the fall a foremost destination in Africa. These infrastructural developments will include the construction of:
About Owu Waterfalls
This is one of the highest and most spectacular waterfalls in West Africa and is sometimes referred to as the 'wonder in the wilderness'. It cascades from a height of about 120 metres to form a pool of ice cold water at its base. The site has a beautiful landscape and offers visitors a refreshing atmosphere. The fall is capable of generating huge revenue from local and foreign tourists.
Reasons to Invest in Kwara State
Incentives: The Kwara State Government is willing to extend a number of incentives to serious investors. These include the provision of land and infrastructure, tax holidays and assistance with obtaining financing.
Labour: Kwara State is home to the well-respected University of Ilorin and construction of the new Kwara State University will soon be completed. Kwara State therefore has a large number of graduates that can be employed by companies investing in the state.
Location: Kwara State is close to Nigeria's capital Abuja and its commercial hub Lagos. The Ilorin International Airport has recently been renovated and a trip from Lagos or Abuja is a mere 50 minute journey via air.
Power supply: Due to the recent completion of the Ganmo sub-station, the state capital, Ilorin, currently enjoys very close to 24 hours a day of uninterrupted power supply. Many business owners are delighted by the fact that they have to make very little use of generators.
Political will: The government of Kwara State is devoted to creating an enabling environment for business and investment. The state is also committed to continuity of policies which will ensure that an investor friendly environment remains even after the end of the current administration’s tenure.
Investment insurance: Nigeria is a member of MIGA (Multilateral Investment Guarantee Agency) and the ICSD (International Centre for Settlement of Investment Disputes).
For further information on investment opportunities in Kwara State contact TradeInvestNigeria at infonigeria@gan.co.za



