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Opportunity to develop an inland beach resort
Wed, 21 Jan 2009 03:56

Region
Kwara
Nigeria

Sector
Construction & Materials
Infrastructure
Property
Tourism & Leisure

Summary:
An opportunity has opened-up to develop an inland beach resort in central Nigeria. The site is a tourist destination with historical sites and relics.
Contact
TradeInvestNigeria

Email
infonigeria@gan.co.za


An opportunity has opened-up to develop an inland beach resort in Kwara State, situated in central Nigeria.

Investment Opportunity

Local and foreign investors have the opportunity to invest in an inland beach resort on the bank of the River Niger.

Proposed facilities for the resort include

  • a world-class hotel;
  • a presidential resort;
  • conferencing facilities; and
  • a boat resort.

    The site is located near the city of Jebba, located north of the state capital Ilorin. Jebba could be described as a museum city per excellence as it possesses a number of historical sites and relics. These include the Mungo Park cenotaph and the wreckage of Park’s ship on which he explored the course of the River Niger. Other attractions are the Jebba bridges which remain a symbol of one of the greatest engineering achievements in Nigeria, and the Ahoyaya Waterfall.

    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 was recently completed. Kwara State therefore has a large number of graduates who can be employed by companies investing in the state.

    Cargo terminal: A new cargo terminal at the Ilorin International Airport will soon be completed and will allow for goods to be transported via air, both locally and internationally.

    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). Potential investors are therefore insured against a wide range of non-commercial risks.

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