FAQ

1. Why should I invest in Ondo State?

Ondo State is an attractive investment destination due to its abundance of natural resources, strategic location, and government initiatives to promote investment. With the newly approve port Ondo, Ondo state is a hub for trade and commerce.

2. Which sector of the Ondo economy is open to me as an investor?

Our priority sectors are:

  1. Agriculture
  2. Energy & mining
  3. Oil & Gas
  4. Tourism
  5. ICT
  6. Transportation & Logistics
  7. Tourism
3. Which agency is responsible for foreign investment promotion in Ondo State?

Ondo State Development & Investment Promotion Agency (ONDIPA)

Ondo Development House, Government House, Alagbaka, Akure.

contact@ondipa.org

www.ondipa.org

+234 808 1181 868

It is expected among others to:

  • Initiate, promote, facilitate, coordinate and create a conducive environment for investments in the state.
  • Determine and encourage particular and legitimate foreign direct investment into the Ondo economy.
  • Promote the export of goods and services to international markets.
  • Communicate with high commissioners, embassies, and chambers of commerce to encourage international investment in Ondo
  • Improve the image of Ondo as a destination to live and do business around the world
4. Where can I get information about investing in Ondo State?

contact@ondipa.org

www.ondipa.org

+234 8081181868

Or walk in to our office:

Ondo State Development & Investment Promotion Agency (ONDIPA)

Ondo Development House

Government House

Alagbaka, Akure

5. How can lives properties of investors be secured by the Ondo state government?

The Ondo State government has ensured continual provision of security equipment to the Ondo State police command with patrol van and has also provide additional security personnel to AMOTEKUN, its local police.

6. How do I find the right manpower for my business?

We have 8 universities and polytechnics. Ondo State’s considerable crop of educated elites has led to its classification as one of the most highly literate states in Nigeria. Investors can easily tap into this resource for their business.

7. How can I seamlessly export my products?

ONDIPA will connect you to the relevant agencies such as Nigeria Export Promotion Council (NEPC), National Agency for Food and Drug Administration Council (NAFDAC)

8. How can I have access to credit?

ONDIPA shall coordinate with relevant Government Agencies like the Bank of Industry (BOI), Central Bank of Nigeria (CBN) and Nigerian Export and Import Bank (NEXIM) to give financial advice to interested investors.

9. What is the government doing to improve its investment climate of Ondo State?

The establishment of ONDIPA in 2017 as a one-stop shop for all investment related activities has removed bureaucratic bottlenecks and streamline the investment journey for prospective investors. The State has also created generous tax incentives

https://ondipa.org/storageondipa/2023/10/original-bg-remove-1-e1698131735533-1-160x160.png
Investment House, Alagbaka, Akure, Ondo State
contact@ondipa.org

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ONDIPA was structured to meet all corporate best practices to ensure seamless integration of potential investors, development partners and investments into the growth and development of the Ondo State economy.

Copyright © ONDIPA 2023

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