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Kaduna Investment Promotion Agency Law, 2015

País/Territorio
Nigeria
Subdivisión territorial
Kaduna
Tipo de documento
Legislación
Fecha
2015
Fuente
FAO, FAOLEX
Título completo
A Law to establish the Kaduna Investment Promotion Agency and other matters connected therewith.
Materia
Agricultura y desarrollo rural
Palabra clave
Desarrollo agrícola Negocios/industria/corporaciones Fortalecimiento de la capacidad Medidas fiscales y de mercado Gobernanza Subvención/incentivo Institución Participación pública
Área geográphica
Africa, Atlántico Norte, Africa Occidental
Resumen

This Law establishes the Kaduna State Investment Promotion Agency and grants it legal personality. The Agency is charged with initiating, promoting, facilitating and coordinating investments in the state through Greenfield, public private partnerships, privatization, commercialization of state owned assets, among others. The Law provides for the composition and administration of the Agency. It provides for the composition of the Board and its functions which includes: to promote policies and transparent procedures that enable the government to work with potential investors and business partners to develop the natural resource base and assets of the state; to develop appropriate institutional and regulatory framework for investment promotion and facilitation in the state; to articulate clear growth strategies for providing needed support and appropriate incentives to grow the local private sector and enlarge the economic base of the state in line with the priorities of the state; to develop and implement a comprehensive strategy and action plan to attract and facilitate new investments in the state; and to foster sustainable economic growth and create job opportunities for the residents of the state. Among other things, the Agency is charged with advising and conducting risk or benefit assessment that will assist the government on the implementation of all projects and programmes in the state investment promotion strategy and advise and assist the government in creating an attractive and competitive climate for business that will lead to robust economic activities in the state.

Texto completo
Inglés