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Tourist attraction: Okpoma Beach at night is one of the most beautiful sites in Nigeria AND INVESTMENT HAVEN.


Te Bayelsa State Government is willing to work with interested investors to implement a well-developed energy/power master plan for the state. Tis could involve scrapping the State Electricity Board and replacing it with independent State power generation, distribution and trading companies. Te State has in place a dedicated Investment Ministry, Investment Promotion Agency, a PPP Directorate and the State Investment team.


TOURISM Te State Government has placed tourism and hospitality development at the forefront of its plans for non-oil driven economic growth, improving internally generated revenue and aiding socio-economic development. Bayelsa State is situated at the heart of


the West African rain forest in the Niger Delta. With its superb greenery and beautiful forests, the State has an abundant supply of wildlife and fish. In terms of biodiversity, it is one of the most important areas on earth. Te mangrove forest of the Delta is the largest in Africa and the third largest in the world, thus contributing immensely to the planet’s oxygen supply. Te forests, mangroves and fisheries are vital to the livelihood of the community. Bayelsa State has hundreds of rivers and creeks (which are tributaries of the River Niger) that flow into the Atlantic Ocean. Te State has the most beautiful tourist beaches in Nigeria. Areas for investment that the State


Government is keen to develop include: • Eco-tourism • Cultural tourism • Consulting for hospitality and tourism strategy


• Operator selection, standardisation and upgrading of existing hotels


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BEYOND RHETORIC, WE ARE DETERMINED TOMAKE BAYELSA A FOREMOST TOURISM


• Business, medical and educational tourism development


• Development of theme parks, resorts, and casinos


• Development of entertainment centres and shopping arcades


“Beyond rhetoric, we want every tourist to truly experience Bayelsa as a home away from home. We are determined to make Bayelsa a foremost tourism and investment haven,” states Governor Dickson.


AIRPORT How do you get tourists and investors to Bayelsa State? Tis is where a modern airport comes in. Records show that 12 million plus passengers are served annually in Nigeria by air travel. Nigeria’s market size in sub- Saharan Africa is second only to South Africa. Tere are currently 22 airports in Nigeria but the ‘Golden Triangle’ of Port Harcourt, Lagos and Abuja account for between 77 to 90 per cent of all passenger movement and between 64 per cent to 89 per cent of all aircraſt movement. Of this number, more than 30 per cent of


all passenger destinations in the region are accounted for by Bayelsa State. In addition, some 438,000 travellers are subjected to a second-leg journey from Port Harcourt Airport to Bayelsa, a journey that takes approximately 90 minutes by road. Tis equates to an estimated 328,500 man-hour loss in commuting time, excluding costs of private helicopter flights and costs for private taxis from Port Harcourt Airport to Bayelsa by the vast majority of travellers.


AND FINALLY… Tis is just a snapshot of some of the immense investment opportunities in Bayelsa


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State. Te driving force behind the Governor’s ambition is the realisation that economic diversity will bring a higher standard of living to the people of the State. “It is critical that we are able to develop the lifestyle within the State whereby everybody has something so that there are no huge gaps between rich and poor in the State,” says Murray-Bruce. Indeed, the only way for Bayelsa State is up. Te intrepid investors who put their money into the State will be starting from the ground level, which presents immense opportunities for a higher return on investment. Make no mistake about it: Bayelsa State is


indeed open for business and investors should be rest assured that their investments will be well protected.


NEXT STEPS Te Bayelsa Investment Promotion Agency is your one-stop shop for investment information.


CONTACT US For further details on this and other investment opportunities in the State, please contact: Ayakeme Masa Hon Commissioner for Trade and Investment Email: info.investment@bayelsa.gov.ng Freda Ruth Murray-Bruce Director-General Bayelsa State Investment Promotion Agency Email: info.investment@bayelsa.gov.ng Tam Alazighe Chief Economic Adviser Email: info.investment@bayelsa.gov.ng Cyril Akika Senior Special Assistant Investment Email: info.investment@bayelsa.gov.ng


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