Kaduna is ready to welcome participants to the second edition of the Kaduna Economic and Investment Summit (KADInvest), holding 5th and 6th April 2017.
The inaugural edition of KADInvest, on 6th and 7th April 2016, showcased to the world that Kaduna is open for business. At the event, the state showcased the policy and legislative environment it had created to promote investments. Aside from establishing the Kaduna Investment Promotion Agency (KADIPA) as a one-stop shop, the government passed a new tax code that consolidates all levies and taxes in one document, establishes a single collector and eliminates cash collections.
During the first edition, the government also launched its State Development Plan, 2016-2020, which relies for its actualisation on private sector investments of at least N800bn.
Reflecting the state’s comparative advantage, the government identified Agriculture and Mining as its priority investment sectors, along with housing, retail and ICT.
KADInvest 2016 yielded the $150m Olam poultry and livestock feed investment, among others.
KADINvest 2.0 seeks to consolidate on all these. It demonstrates the commitment of the Kaduna State Government to creating the conditions that facilitate the investments that will create jobs, improve internally-generated revenues and provide the resources to develop the state.