The Kaduna State government has stated it has concluded plans to showcase the state’s economic development agenda to potential investors within the international investment community at the forthcoming Kaduna Investment and Economic Summit slated for April 6 to April 7, 2016.
Kaduna State understands the critical significance of mobilizing domestic and international financial resources, leveraging international trade, and increasing international development cooperation in achieving sustainable development goals.
KadInvest 2016 will highlight key growth-oriented actions, including:
-Facilitating the availability of information on investment ready areas where the state has comparative advantage.
-Facilitating the entry of private sector partners in Kaduna.
-Linking commercial-oriented SMEs to rewarding markets while creating value for consumers in the form of readily available products and services at affordable prices.
Purpose & Objectives
The purpose of the KADINVEST is to bring together the world’s savviest investors to share fresh insights and discuss the strategies put in place for investment in Kaduna State. It will seek to answer questions such as:
-What is the current state of the market in Kaduna State?
-Where to invest in Kaduna State?
-How to invest in Kaduna State?
-In particular, the summit has the following objectives:
- 1. to broadcast Kaduna State’s investment promotion messages to potential investors
2. lift the profile of Kaduna State’s economy within the international investment community
3. highlight opportunities for investment, joint ventures and trade in Kaduna
4. target investors locally and globally, and engage them for short term, medium term and long term investment partnerships.
While there are many areas that need intervention of government and investors in our bid to make Kaduna Great Again, the State Government has identified the below listed areas as priority investment sectors in the next four years.
-Power (Renewable Energy)
-Information and Communication Technology
-Hospitality and Tourism
-Waste to Wealth
KadInvest 2016 will be hosted by Malam Nasir El-Rufai, Governor of Kaduna State, who will unveil the state’s Economic Agenda and Development Plan during the summit.
The summit is organized by the recently established Kaduna State Investment Promotion Agency – KADIPA. The mandate of KADIPA is to lead and coordinate all investment promotion activities undertaken by the State and to be the prime negotiator in finalizing deals with private sector investors on behalf of the State.
Working with key MDAs and related bodies, the agency will provide a one stop service for large investors, including provision of information about investment opportunities, support for accessing land, local suppliers and other essential inputs and support for the bureaucratic steps involved in launching a successful business in Nigeria.
Investors already signed up to Kaduna Economic & Investment Summit 2016:
-UPDC: Investing in and Building an Ultra-Modern Mall
-Dangote: Tomato/ PAN Acquisition
-Flour Mills: Maize and Wheat
-Indorama: Organic Fertilizer
-Rapidacc: Mass Housing
-Hydraform: Mass Housing
-DraperDark Flow: ICT Hub
-Coders4Africa: ICT Hub
-Schneider Electric: Energy Academy