The district can boost of development potentials in the area of industry (cashew processing), agriculture and tourism. Brief description of such investment potentials are provided below;
Industrial activities are generally low yet great potentials exist within the cashew and clay deposit areas. The district produces at least 6,250 tones of cashew nuts annually but they are bought at low prices and exported by both local and foreign merchants to the little benefit of the people in the district.
Currently, insignificant percentage of cashew nuts produced annually are processed into nuts under subsistence levels by small scale industries at Sampa and Kabile but large scale processing is required to encourage farmers to produce more and reap from their labour. This is where investors are urgently needed to sustain the cashew industry in the district.
Another economic/investment opportunity in the district is the clay deposits. Clay deposits abound in the district especially at Bonakire and Adadiem located in the Nafana West Area Council and about 25km from Sampa. Currently, aside the earthen worm pots that are made from the clay, the large deposit is untapped. This can be processed on large scale for ceramics and the production of bricks and tiles for the housing industry, where market demand remains strong in line with the need for heightened housing delivery and classroom blocks.
The district has immense tourism potentials that can be exploited to the benefit of the district. Identified tourism centres include Jenini Township which is located on an ancient mass grave site where human bones are washed ashore whenever it rains and the Missionary cemetery located at Sampa.
In the case of the Jenini Township, the Assembly has reached agreement with the section of the people whose houses are located on the grave site for their resettlement. Investors can therefore take advantage of this great investment potential with the full support of the community and the District Assembly.
Build, Operate and Transfer (BOT)
Commerce plays a very significant role in the economy of the district. This involves trading in food stuffs such as yam, cassava, plantain and maize. There also exist finished products like hardware, clothes, plumbing materials and other food and consumable items. The major marketing centres where the items are traded in are the Sampa and Goka weekly markets which respectively operate on Mondays and Wednesdays and attract traders from within and outside the district including La Cote d’Ivoire.
However, the structures in the market are very poor hence does not encourage effective marketing. The Assembly is ready to enter into agreement with investors on the principle of Build, Operate and Transfer (BOT) so that our markets will be more conducive to operate in.
Access to Land
The District has secured 26.10 acres or 10.56 hectres of land for industrial purposes at Suma-Ahenro a town located 2km from Sampa. Any investor(s) willing to do businesses with the Assembly can therefore be assured of a secured land free from litigation and encroachment.
Access to Labour
The wide spread availability of both skilled and unskilled manpower is an asset to the future investor. Labour is available for hire and relatively at a lower cost too.
As the highest political, planning and administrative authority of the district, the Jaman North District Assembly is working hard to create an enabling environment so as to attract and retain foreign and local investors in the district.