INVESTMENT VENTURES OF GOVERNOR BELLO MATAWALLE
Having created a viable environment for investment by ensuring security and the general safety of investors, employing open-door approach by Governor Bello Matawalle, many countries and NGOs now acknowledge the regained peace, serenity in Zamfara State and the efficient leadership and offer to contribute in developing entrepreneurial skills for youth employment and investment in Zamfara.
Governor Bello Matawalle has been showcasing Zamfara's Investment potentials in the global horizon from the US during the 2019 United Nations General Assembly (UNGA74) to Russia-Africa Economic Summit and his tour to China from 23rd-24th December 2019.
During the series of the UNGA74 in September 2019 side events, Governor Matawalle had a meeting with business moguls and delivered a paper at African Investment Summit titled, "The Investment Climate and the Market of Zamfara State: The Opportunities for International Investment Partnership", the paper which highlights Zamfara's investment potentials in mining, agriculture and industrialization.
During the Russia-Africa Economic Summit in Sochi which took place from October 23rd-25th 2019, Governor Bello Matawalle who was part of the presidential entourage had several bilateral meetings with investors in Sochi, Russia in his relentless bid to engage them in mutually beneficial investment in solid minerals, agriculture, health and industries in Zamfara State.
In Beijing China, he wooed Chinese investors for a win-win partnership in solid minerals sector of the state.
Addressing business moguls during the "China Congress on Mineral Resources And Material Whole Industry Chain Summit" held in Beijing in December 2019 Governor Matawalle told the prospective investors of the special opportunities awaiting them in the solid mineral sector of the state, pointing out that 50% of the 34 minerals listed on Nigerian soil are found in Zamfara State some of which are gold, zinc, columbine, silver, gypsum, limestone, copper, tantalite and barite among others. All these minerals, he said, have mining fields scattered across the state without sophistication and the technological standard to give maximum benefit. He lamented, for instance how in the last 100 years, the gold mined in the state did not exceed 91,000kg. The governor vowed to provide added incentives for the prospective investors in addition to the excellent provision of protection laws by the Nigerian state.
Back in the state, Governor Matawalle lays foundation for the construction of 9 billion Naira 3-Star Hotel under a Public Private Partnership (PPP) agreement between Zamfara state government and Finesse and Esthetics Nigerian Limited. Delivering his inaugural speech, Matawalle said:
"I promise to create enabling environment for foreign and indigenous investors in the state which will in turn open more employment opportunities of various categories to our people.
This joint venture will create about 3,000 jobs in the state while the hotel itself will provide a serene environment to our investors so that they can be comfortably accommodated whenever they are in the state.
"Similarly, the state is also missing many Federal and International conferences, workshops, retreats and a host of many engagements which require luxurious accommodations.
The 100 Keys Paradise Hotel which will meet international standards will be managed by Amber Hospitality Services Limited while the project is expected to be completed in 30 months."
To explore investment opportunities in tourism Zamfara State government in collaboration with the Nigerian Tourism Development Corporation (NTDC), agreed to develop, market and promote the Kwatarkwashi rock which has high potentials to boost local investment in the region, creating employment for the immediate local economy through tourism.
In October 2019 Zamfara state government signs an MoU with African Export-Import Bank (AFREXIM Bank ), Secures 1 Billion US Dollar Investment Input to facilitate trade and industry through revival of cotton production, animal husbandry, beef processing company and exploring opportunities in minerals and water resources.