Cross River State’s investment opportunities are countless. The tourism and hospitality sector provides much scope for private sector participation in the areas of hotel management and tourism site development.

The agricultural sector is also open to investment, especially in the cultivation and processing of cocoa, oil palm, rubber, cassava, and fruits, as well as fish and livestock farming and meats processing.

The state is furthermore endowed with vast solid mineral deposits. Areas open to investment are mining and processing of clay, salt, limestone, sand, kaolin, barite, granite, basalt, quartzite, gold, uranium, iron ore, tin ore, manganese, titanium, coal, mica, zinc, galena, feldspar, graphite, tourmaline, and laterite.

Other investment in Cross River State are in the sector of oil & gas, power and energy, waste conversion and management, information and communication technology, human capital development, paper/newsprint manufacturing, wood processing, spring water bottling, manufacturing and infrastructure.


With a rich historical and cultural heritage, spectacular geography, abundant human and natural resources; Cross River State is the investor’s haven.

• 3.1m people, 23,074km2
• Vast deposits of diverse solid minerals.
• Pleasant climate and 18,000km2 of arable land suitable for cultivation of a variety of crops
• Land, sea and air infrastructure.
• Secure environment.
• Home to TINAPA and Obudu Mountain Resort.
• Proactive business friendly State Government.
• Policies and laws that supports investment.
• Skilled and educated manpower.

Investment Incentives

• Income tax of 30% in all sectors except petroleum.
• Pioneer status: Tax holiday of 5 years in urban areas and 7 years in economically disadvantaged areas
• Investment in infrastructure attracts 20% tax holiday on the cost of providing facilities.
• Industries with Local value addition enjoys 10% tax concession of up to 5 years.
• 100% repatriation of profits and dividends for foreign investors.
• 100% ownership of investments for foreign investors.
• Existence of One-Stop Investment Center (OSIC)

Cross River State One Stop Investment Center (OSIC)

• Located within the Cross River State Investment Promotion Bureau.
• There are five participating government departments at the State level
• The Center to be linked with the NIPC OSIC in Abuja
• Direct linkage with 14 Federal Agencies through the Abuja OSIC.
• Provision of investment information and advice to investors.

Services at the One Stop Investment Centre

• Provide general information and data on the State economy to facilitate informed investment decisions.
• Prompt granting of business entry approvals and authorization to investors.
• Facilitate post –entry approvals, licenses and sector- specific permits with statutory government agencies with extant regulatory mandate.
• General facilitation with all government agencies in respect of investment projects on behalf of investors.
• General advisory services on unlimited and profitable investment opportunities including matching investors’ requirements with opportunities available in the State.

For more details, visit www.investincrossriver.com