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10 Reasons Why You Should Invest In Bayelsa by BSIEF(m): 7:00pm On Jul 14, 2015 |
1. Abundant Resources: Bayelsa has enormous resources, most of which are yet to be fully exploited. They include mineral, agricultural and human resources. 2. Large Market: Bayelsa offers the market in Nigeria, West Africa and the gulf of Guinea thanks to its strategic location via the Atlantic Ocean to reach the larger sub region. 3. Political Stability: Bayelsa offers a stable political environment. 4. Free Market Economy: The Government has created a favourable climate for business and industrial ventures. Administrative and bureaucratic procedures have been greatly streamlined. The Government has put in place policies and programmes that guarantee a free market economy. 5. Generation of a Robust Private Sector: The State has commenced the process for a dynamic private sector, which has assured greater responsibilities under the new economic environment. 6. Attractive Incentives: A comprehensive package of incentives has been put in place to attract investment. 7. Fast Growing Financial Sector: There is a developing banking and financial sector and joint venture arrangements in place. As a result, the investor has easy access to working capital and other credit facilities. 8. Skilled and Low Cost Labour: There is an abundance of skilled labour at an economic cost, resulting in production costs, which are among the lowest in Nigeria. 9. Infrastructure: Rapid development of physical and industrial infrastructure, in terms of transportation, communications, electricity and water supply. 10. A Motivated Government: The new Government has put development and the pursuit of sustainable investment coupled with a policy of fiscal transparency.
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