Other Considerations

  • Large potential market for consumer goods on account of its fast-growing population which is already at approximately 105 million
  • The foreign-investor friendly posture of government. It has manifested its commitment to create conditions that attract foreign investments. Liberalized policies and regulations on foreign investments continue to be put in place
  • The opening of industries previously restricted like the telecommunications, transportation, banking, retail trade energy & post extractive petroleum processing & distribution, for the participation of foreign investors
  • The competitive edge the Information and Communications Technology (ICT) industry has which includes call centers. The said industry is booming in the country and is generating employment opportunities for local citizens
  • A highly developed legal system