Investor Presentaiton
B.2
Improve attractiveness for investors (II/II)
Initiative objective
Improve attractiveness of upstream and downstream of value chain to investors through fiscal incentives
Improve quality of infrastructure (guaranteed power supply)
Improved ease of doing business
Actions
•
•
Streamline registration and certification processes:
Streamline and reduce the time to register a business
For potential JVs identified by PMDC, map out PMDC's role as point of contact
and liaison for investors to navigate state & federal government
Identify and offer investment incentives such as:
Exemptions on sales tax, property tax, right of occupancy fees etc.
Access to land at competitive prices and free land registration
Subsidized tariffs for power through NESCO
Work with BOI (or other DFIs/FIs), PLASMEDA, to improve access to financing to
investors incl. favorable interest rates, non-collateral loans etc.
Implement alternative dispute resolution process when disagreements ensue
involving companies in the mining sector
Work with Ministry of Works and Ministry of Energy to identify primary locations
for roads and power improvements to increase mining and processing of tin
and columbite:
Fund the development of infrastructure through PPPs between Government,
DFI and Private sector organisation
Stakeholders
•
•
.
•
•
Ministry of Commerce and Investment;
Plateau State ICT Development Agency
Ministry of Mineral Development
PMDC
Ministry of Finance
PLASMEDA
Deliverables
•
List of incentives
Initiative Lead
B.2.1 Ministry of Mineral Development
B.2.2 PMDC
B.2.3 Ministry of Commerce and Investment
Clear guidelines on dispute resolution
process
List of priority infrastructure
developments to support mining industry
Resources
Consultant to develop marketing strategy
Financing capital for investors and
infrastructure
Recommended timeline
⚫ 3 months
•
6 months
6 months
Metrics
•
% increase in investment
Number of newly established
businesses
Time to register business
reduced to <21 days
Potential quick-win
86
3
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