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Actions On Ease of Doing Business Reforms And Areas of Investment Opportunities

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Delta State Investment Development Agency

Delta State Investments Development Agency (DIDA) is an Investment Promotion Agency (IPA) which was established by Delta State Law in 2016 and started operations in 2017, The Agency is charged with the responsibility of attracting investors to Delta State through several Business Models comprising various types of Public PrivatePartnerships (PPP) including concessions.

DIDA carries out its investment promotion and marketing activities by creating awareness about the abundant investment opportunities in the State. DIDA performs four core functions: marketing Delta State as a preferred investment destination, attracting investors through investment promotion, project management and aftercare services.

DIDA does this by providing information about availability of raw materials and investment opportunities to investors; supplying useful statistical data and business information such as macroeconomic indicators (GNP, GDP, HDI, inflation, demographic information, labour productivity, average wages, attractive sectors of domestic economy; practical investment support like securing permits or completing other administrative obligations; and by supplying the Publication on Investment Incentives of Delta State to Local and Foreign investors.

 

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One-Stop Shop For Investor Services

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Actions on Ease Of Doing Business Reforms

The Delta State Investments Development Agency acts as a One-Stop Shop for prospective investors and also avails them with information such as Customs Duty/Tariff Rates, registration of business names by the Corporate Affairs Commission, Immigration matters, Expatriate Quota Application Requirements, Sources of labour (skilled and unskilled), Land /Property Registration, availability of Raw materials etc.

Other Actions on Ease Of Doing Business Reforms

i. Automated Central Billing System of taxes and levies.
ii. Speeding up of Registration of Land and Property Title deed.
iii. Facilitation of Access to Land through the State Land Acquisition Committee
iv. Agricultural Value Chain Development through Agricultural Marketing Coordination Mechanism (AMCM).
v. Provision of Critical Infrastructure (Good road network, Airports, Power, Water, Hospitals)
vi. Development of Agro-Industrial Parks for reduced cost of Doing
Business.
vii. Entrepreneurship Capacity Building for Provision of Skilled labour
Employment Generation and Wealth Creation.
viii. Enhancement of MSMEs Access to Credit through Delta State
Micro, Small and Medium Enterprises Development Agency
(DSMSDA).
ix. Improvement in Enforcing Contracts and Alternative Dispute
Resolution Mechanism.
x. Consumer Protection Committee to promote Consumer Awareness
xi. Improved Security, Law and Order through the State Security Committee under the Chairmanship of the State Governor.
xii. The Delta State Anti-Kidnapping Law 2016
xiii. Delta State Land and Waterways Committee to tackle security
challenges in the water ways Delta State Advisory and Peace Building
Council.
xiv. Delta State Security Trust Fund to provide institutional
framework for sustainable funding, appropriate governance and
efficient management of security sector in the state.
xv. Establishment of small claims court for quick settlement of commercial disputes.
xvi. Delta State public and private property protection Law 2018.

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The Agency has since inception been at the forefront of promoting and facilitating both foreign and domestic direct Investments based on Public-Private Partnership business model in consonance with the mandate establishing it.

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