Top 10 Investment Opportunities in Akwa Ibom

IBOM INDUSTRIAL CITY
■ National and regional industrial and economic hub
■ Occupies 14,517 hectares of land
■ IIC will create jobs and limitless investment opportunities

LIBERTY FREE TRADE ZONE
■ Proposed Oil and Gas Free Trade Zone
■ Occupies 50,000 hectares of land across 6 LGAs
■ Will consist of Modern International Jetty, a dry bulk quay to house agricultural products.

AGRICULTURAL INVESTMENTS
■ Largest producer of palm oil in the country
■ Cocoa plantation
■ Blessed with arable land, fertile soil, favourable all-round climate, marine resources such as large scale fishing

TOURISM & HOSPITALITY
■ Untapped potentials such as development of resorts and hospitality services.
■ Availability of 21 storey smart building, Four Points by Sheraton hotel, Ibom Icon Hotels and Golf Resort etc.

LARGE GAS RESERVES
■ Abundance of natural gas
■ Investment potentials in Gas to Liquid project, Gas gathering (dry) and distribution, renewable energy, low emission fuels, etc

POWER SECTOR
■ Investment opportunities available in this sector.
■ Upgrade of Ibom Independent Power. Plant with an initial capacity of 191MW to 500MW.

CRUDE OIL
■ Largest oil producing and revenue contributing state to Nigeria’s economy
■ Investment opportunities in the development of upstream and downstream sector, refinery projects, oil & gas services, etc

MARINE TRANSPORT

■ Located in Nigeria’s South-South region, predominantly coastal area offers opportunities for marine transportation.
■ About 13.4% of 960km of Nigeria’s Atlantic Ocean coastline sits in the state

AVIATION SECTOR
■ Opportunities for air cargo, freights & other courier businesses in the aviation sector

IBOM DEEP SEAPORT
■ Occupies 2,565 hectares of land
■ $4.2bn IDSP to provide vital port capacity for the country, trans-shipment facility for West and Central African region.
■ Good access to coastal railway line, Victor Attah International Airport & extensive road network.
■ Beneficial to nearby industries involved in agriculture, petrochemical, marine, auto assembly, power plants.

Investment