INVESTMENT OPPORTUNITIES IN EDO STATE

Opportunities for viable investment in Edo State are practically limitless. And the desire to encourage viable investment in Edo State has become an obsession of the administration of Senator (Professor) Oserheimen Osunbor.

The government is determined to increase the level of industrial and economic activities through the creation of an enabling environment that will stimulate growth in the economy of the state.

Investment Opportunities

Edo State is seeking for viable investors that are willing to utilize our infrastructural endowments especially in the following areas.

• Oil and Gas: Petroleum is found in very high commercial quantities in Edo State. Edo State is located in the Niger Delta region. It is most peaceful oil producing state in Nigeria today as youth restiveness are non-existent.

There are strong industry speculations that much of it oil and gas content are sparingly explored. At the moment several communities around the Bight of Benin and located in Edo State are oil producing communities. World class oil companies like Shell are heavily present in the state and they operate in peace. By and large, the state government provides enabling environment like security and infrastructural facilities to encourage investment in these parts of parts of the state. The communities include Orhionmwon, Ovia, etc

• Petrochemical: A lot of gas by-product is currently being flared in these oil producing regions. There are uncountable opportunities for investors as these by-products can be converted in many ways, providing avenues for the following businesses.
• Distribution for industrial and local household consumption.
• Utilization for the production of Urea, which is a core material for fertilizer.
• Gas Exportation and Distribution – It is an established fact that a sizeable sprout passes through Benin City from Warri. NNPC is interested in selling its gas and hence Edo State Government is equally interested in private partnership arrangement with foreign companies wishing to either export gas to start Urea production plant along with domestic and industrial gas distribution network.
• Power Generation – Edo State is very much interested in the generation of power by an Independent Power Plant (IPP) that is mostly required by industries.

1. Tubes and Tyres for cars, motorcycles, bicycles are begging for viable
   investors. It is only more investments in these areas that can reduce the
   level of import dependence on tyres and tubes in Nigeria.
2. Polythene Bags, sacks etc – These are essential needs for many domestic
   industries. They can be made from petrochemical products. Edo state is in
   dire need of capital investment in the production of polythene sacks, bags
   etc.

Other areas of opportunities 

1. Manufacture of PVC pipes.
2. Agro – based industries – Edo State is largely an Agrarian State. Agricultural
   production sustains a good percentage of the workforce. Agricultural crops such
   as cassava, citrus,
   fruits, maize, yam, tomato, pepper, melon, okro, paw-paw, pineapple, mango,
   banana, cashew and sugar cane are available in economic quantities that could support industries like;

 

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