Investment opportunities in Anambra State

With a population estimate of about 2,767,903, according to the 1991 census, Anambra state has an industrious population credited with ingenuity, resourcefulness and innovative. What it lacks in terms of mineral resources deposit, it makes up in the high quality of manpower readily available in virtually every facet including management, commerce, industry, agriculture, engineering and other professions.

The entrepreneurship of the people of Anambra State in trade and commerce is legendary. However, agriculture remains the mainstay of the states economy. It provides food and employment for about 80 percent of the population. The land is fertile for production of tropical crops like yam, cassava, rice maize and cocoyam.

The major food processing areas are Aguleri, Anam, Atani, Inoma, Ogbaru, Ufuma and Nzam. Rice, Yam, cassava and other staples are produced in commercial quantities in these areas.

Livestock is raised state - wide. Poultry and piggery are the major products. Oil Palm is also grown in the state with its by products palm oil, kernel oil, kernel cake used in the manufacture of margarine and compound cooking fats, soap, cosmetics, crayon and candles.

The soil in Anambra State contains some important minerals though they are still under-exploited. A survey by the Federal ministry of Mines shows that clay and Kaolin deposit deposited are available in various parts of the state. Other minerals deposits in various part of the state are petroleum and natural gas, iron ore, sand stone, lignite, kaolin, clay and coal.

The state also has a lot of tourism potentials which investors could explore. They include attractive holiday spots like lakes, caves, museums and erosion sites.

For further information please contact Chief Press Secretary to the governor of Anambra State, Government House, Awka, Anambra State. Telephone: +048-550350, +048-550750.