16 July 2009

Africa: Produce Cut Flowers for European Market

The Kwara State Government is inviting local and foreign investors to consider the potential the state has in cut flower production.

Investment Opportunity

During a recent visit by Kwara State officials to the FloraHolland flower auction in The Netherlands, the company's management gave the Nigerian delegation the assurance that if it can guarantee the quality of the flowers, the market is wide open for investors to patronise.

Central to any cut flower business in Kwara State will be the newly constructed cargo terminal at the Ilorin International Airport. The cargo terminal allows producers to have the flowers in Europe within six hours of harvesting.

A company called Kwara Greens, who is in partnership with an Israeli outfit, has already shown its faith in the cut flower industry by concluding plans to produce flowers and vegetables. With vast areas of open land, Kwara State is however open for any additional investment in the industry.

The Kwara State Government is willing to assist investors in all areas of establishing and operating the business. These incentives include: easy access to land, loans, tax breaks, and essential infrastructure such as water, electricity and access roads.

Reasons to Invest in Kwara State

Labour: Kwara State is home to the well-respected University of Ilorin and construction of the new Kwara State University will soon be completed. Kwara State therefore has a large number of graduates that can be employed by companies investing in the state.

Location: Kwara State is close to Nigeria's capital Abuja and its commercial hub Lagos. The Ilorin International Airport has recently been renovated and a trip from Lagos or Abuja is a mere 50 minute journey via air.

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.

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