NIGERIAN-INDONESIAN INVESTMENT AND TRADE FORUM
At the invitation of the Nigerian Indonesian Chamber of Commerce and Industry (NICCI), the Nigeria-Sao Tome & Principe Joint Development Authority (JDA) delegation attended the fourth edition of the Nigerian Indonesian Investment and Trade Forum (NIITF) held on the 21st October 2025 at Jakarta, Indonesia.
The forum was a private sector led initiative aimed at bringing together key stakeholders from both the local and international business community to discuss and explore avenues for enhancing trade relations and fostering investment opportunities. The conference agenda included but were not limited to:
- Foreign Direct Investments & Joint Venture
- Public private partnerships Opportunities & Funding
- Global networking and Opportunities
The Acting Chairman of the JDA, Mr. Mohammed Lawal Ibrahim underscored the significance of the JDA in his paper titled, ‘Potential and Building a Sustainable Economic Future’. The paper underscores the significance of the JDA as a model for African cooperation, transforming maritime boundaries into zones of peace, prosperity and mutual growth.
JDA is poised to pursue global collaborative business partnerships, therefore it welcomes investors interested in the exploration and development of selected assets within the Joint Development Zone (JDZ).
Additionally, JDA is driven by the vision to create sustainable non-hydrocarbon activities in the Joint Development Zone (JDZ), with a view to strengthen contributions to the development of fisheries industry in the State Parties and build vibrant and sustainable (organic and inorganic materials) seabed operations.
Why Invest in the JDZ:
- Stable Bilateral Legal Framework: The JDZ operates under an internationally recognised Treaty guaranteeing investment protection and fiscal transparency.
- One-Stop Regulatory System: The NSTP-JDA serves as a single regulator, ensuring streamlined processes with minimal bureaucratic bottlenecks.
- Secure Deep-Offshore Environment: All JDZ assets lie in deep waters, free from community or security disruptions common to onshore operations.
- Attractive Fiscal Regime: Flexible Production Sharing Contract (PSC) terms offering competitive returns on investment.
- Political Support: Both governments have reaffirmed their commitment to revitalising the JDZ as a strategic regional energy hub in the Gulf of Guinea.