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Invest in skills training facilities
Wed, 25 Mar 2009 07:50

Region
Kwara
Nigeria

Sector
Education

Summary:
The Kwara State Government is looking for investors to invest in the state's education sector by establishing skills training facilities. There is a growing demand to acquire additional training in industries such as agriculture, energy and tourism.
Contact
Fela Ibidapo

Email
[email protected]


The Kwara State Government is looking for investors to invest in the state's education sector by establishing skills training facilities.

Kwara State is investing heavily in all areas of education, from improving the standard of teaching in its primary and secondary schools to establishing new tertiary institutions and technical skills centres.

The strategy for education in the state is based on the premise that no society can compete on a global level without human resources that exhibit market relevant skills. The administration's commitment to this philosophy is evident by the recent establishment of the Kwara State University, the International Aviation College and the planned International Vocation Centre.

The state government is currently in the process of setting-up an International Vocation Centre, based on the Dubai Knowledge Village. The administration is in talks with United Kingdom-based TTE Technical Training Group, the company who established the Dubai facility, to do a similar project in Kwara State.

The idea is to develop people's technical skills to enable them to work in industries such as oil and gas, manufacturing, tourism, etc. There will be a real industry connection between the vocation centre and the market. It is expected that businesses will establish themselves in Kwara State because of the skills training offered by the vocation centre. The vocation centre will establish Kwara State as the hub for technical skills training in Nigeria and the whole West African region.

Investment Opportunity

There is a growing demand among the population of Kwara State, both young and old, to acquire additional skills training in a range of industries such as agriculture, oil and gas, tourism and hospitality, manufacturing, etc.

Besides the planned vocation centre, further opportunities exist to establish skills training facilities. Private companies with proven experience in this field are welcome to submit their proposals to the Kwara State Government.

Reasons to Invest in Kwara State

Incentives: The Kwara State Government is willing to extend a number of incentives to serious investors. These include the provision of land and infrastructure, tax holidays and assistance with obtaining financing.

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

Cargo terminal: A new cargo terminal at the Ilorin International Airport will soon be completed and will allow for goods to be transported via air, both locally and internationally.

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.

Investment insurance: Nigeria is a member of MIGA (Multilateral Investment Guarantee Agency) and the ICSD (International Centre for Settlement of Investment Disputes). Potential investors are therefore insured against a wide range of non-commercial risks.

Contact Details Investors interested in this project should contact Fela Ibidapo, Special Assistant to the Executive Governor, Kwara State (Investments) at [email protected]
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