According to Ejituwu and Gabriel, Boats play various social-economic roles in Bayelsa.
Thus, boat making is a considerable investment option for locals. Most people hold that boat making is among the thriving businesses in Bayelsa. Since most of the boats are locally made, it is important if people come up with new and modernized boats.
Most Bayelsa indigenes carve the boats themselves. The curving process is time-consuming and can be tiresome. Investors should take the challenges facing boat making as an investment opportunity. The utilization of technological forces should also be integrated with the investment for newer boats to have demand. Eventually, boat making can be a successful business opportunity at personal and national levels. In other words, new investors should focus on making more reliable boats, such as speed boats aiming to ease transportation and mobility in the state.
Progress in making speedboats will open more investment opportunities for the Bayelsa people. For instance, speed boat sales will need a repair business. Repairing speedboats will attract massive profits for investors. Any investor thinking of the money-spinning business should not only consider introducing modernized boats but also repairing and spare parts business in Bayelsa state.
Since people have not yet exploited the potential speed boat sale and repair shop, it is obvious that any serious investor will make profits out of the business. However, investors must ensure that the shops are strategically positioned. The utilization of experts and competent service providers is significant in ensuring that the success of the repairing business.