opportunity

The opportunity available for Investors

The Government policy of privatization which is being handled by the TCPC is a way to encourage private investors’ participation in the industrial development of the state. The Government policy is that of public/private partnership. In this financial year budget the sum of N500 million is allocated for micro-credit loan in partnership with the Bank of Industry. The Edo State Government provided 50 per cent of this amount while the rest was provided by Bank of Industry to match. The Entrepreneurial Scheme of the State Government is also a way to encourage industrialization of the State Government. This scheme is to empower young graduates through partnership with specialized banks. The Government has provided Industrial Estate in three senatorial districts. It is the policy of the Government to provide infrastructure in Estate, power supply and water. The State government is collaborating with relevant Federal Government agencies like Technology Incubation Centre (TIC) for development of skill for our young school leaver. The centre helps the graduands to access soft loans. The provision of Cluster Industries by State Government will help to reduce cost of production.
Edo State is well endowed with agricultural products because of its geographical location in the rich forest as several zones. Opportunities are therefore available to investors in the Agricultural Sectors, Petroleum and gas as well as Solid minerals.

(A) Agricultural Sector
Agriculture product processing:
(i) fruits and juice production as a result of the abundant
fruits like pineapple, oranges, Banana, pawpaw sugar cane etc.
(ii) Cassava Flour Processing
(iii) Plantain Chips
(iv) Rice and Sugar cane production
(v) Tomatoes processing
Trees Crops
(i) Processing of Cocoa, rubber and coffee
(ii) Wood Industry, furniture making, plywood
and paper mill industry.

(B) Petroleum and Gas
The Edo South Senatorial district is endorsed with petroleum and gas.
The Petroleum sector has not been fully explored, the gas is not economically utilized.

Solid Mineral Sub sector
Solid Mineral Location Industrial Users
Limestone Etsako East, Akoko-Edo Cement, glass, paint, live fertilizer, steel and animal feeds and calcium carbonate.
Marble Akoko-Edo, Etsako East
And West Ceramic, sanitary ware and construction.
Clay Etsako East, West and
Central, Owan East and
West, Ovia N.E. and N.W Ceramic, sanitary wares insulators, burnt brick tiles, roofing sheets.
Kaolin Etsako East, West and central, Owan East and West, Uhunmwode and Easn N.E. and Central Ceramic ware, paint and chalk.
Calcite Owan S. W., Akoko-Edo, Etsako East, Owan East Akoko-Edo Cement Industry.
Granite Ovia S. W. Akoko-Edo, Etsako_Edo Building and construction.
Gold Akoko-Edo Jewelry
Bitumen Uhunmwode, Esan Central, ovia North East. Asphalt plant, road construction