Investor Presentaiton
Recommended timeline
6 months
A.2
Develop the strategy and the overarching policies (II/II)
Initiative objective
•
Enable the implementation of agro-business ecosystem improvement initiatives by setting policies and
guiding principles that create an enabling and fair environment
Position Plateau state as an Agro-hub
Actions
A.2.3 An enabling environment to attract investors:
•
•
Introduce exemptions from sales tax, property tax, right of occupancy fees, land
use charge, business premises registration and per annum renewal fees; Provide
access to subsidized energy supply
Work with BOI, GIZ (or other DFIs/FIs) to improve access to equity and debt
financing including favorable interest rates, non-collateral loans etc.
Develop incentives for farmers to join cooperatives such as exemptions from tax,
access to low cost, quality inputs, subsidized purchase/rental of machinery,
access to information and advisory services, access to cheap credit etc.
A.2.4 Development of infrastructure to improve accessibility:
Identify investment opportunities for developing agro-hubs, primary supporting
infrastructure such as roads, storage and freezing facilities based on PPP model,
and reach out to investors (e.g., 30 year concessions to manage storage
facilities, supported by a 3-5 years sale tax exemption window and subsidized
cost of installation)
Offer subsidies on cost of cold chain transportation
Stakeholders
•
.
.
•
•
Ministry of Agriculture
FADAMA; PADP; RAAM, ASTC
Ministry of Commerce and Investment
Ministry of Education
BOI, GIZ, World Bank, AfDB, Bank of Agriculture
PLASMEDA
Deliverables
Initiative Lead
Ministry of Agriculture
Policies put into effect and access granted
to investors
Commitments from DFIs/Fls to provide
financing to investors
List of incentives to encourage farmers to
join co-ops
PPP model to develop and operate agro-
hubs and supporting infrastructure defined
Resources
N/A
Note: PADP - Plateau Agricultural Development Program; BOI - Bank of Industry; NDB - National Development Bank; MDB - Multilateral
Development Bank; FI - Financial Institution
•
•
12 months
3 months
6 months
Metrics
•
Clear and concise
Agricultural policy document
Number of defined investor
attraction packages (e.g.,
land, tax, energy for
processors)
60
Potential quick-win
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