How Soludo is making Anambra preferred investment destination
Anambra would take advantage of the reforms in the power sector
Mr Mark Okoye, Managing Director, Anambra State Investment Promotion and Protection Agency (ANSIPPA) says Gov. Chukwuma Soludo administration’s desire to make Anambra preferred investors destination was on course.
Okoye said this in Awka on Saturday at a news conference ahead of the second Anambra Investment Summit.
He said the summit, which would hold in Awka on November 14 will have in attendance, representatives of Afreximbank, African Development Bank, United Nations Development Programme, Development Finance Institutions and Federal Government representatives.
He said the state was already reaping benefits of the first investment summit held last year with the implementation of some of the business agreements signed with investors.
He said it included the revitalisation of the abandoned Anambra shopping mall.
He said another baseline projects being put in place for a smooth take off of Anambra industrialisation was the mixed-use industrial city.
He said there was also a masterplan for a rail system that would connect major towns, and road projects to connecti Awka to other parts of the state.
Okoye said the government through ANSIPPA had improved the ease of doing business and incentivised investment.
This, he said was achieved by offering land to investors in exchange for equity in line with government’s private sector-led economy objective
“The vision of Mr. Governor is to make Anambra a preferred location to live, work, learn, enjoy and relax by making it a smart mega city state that becomes a hub for industrialisation, innovation and tourism.
“To achieve that, the government is working on a number of pillars including security, human capital development, the environment for sustainable cities, rule of law and infrastructure.
Anambra Govt vows to eradicate fake drink production
“Mr Governor wants to industrialise Anambra, to achieve that, some projects are important; these are industrial parks, rail system, energy sufficiency and export as well as building new cities.
“The summit will be an opportunity to give report of the first one and showcase investment opportunities for local and international investors,” he said.
Also speaking, Mr Christian Udechukwu, Commissioner for Industry said Anambra was working on policy and legal frameworks which would make energy available and accessible.
Udechukwu said the prevailing energy pricing and availability could not support the industrialisation drive of any serious state.
He said there was need for a shift in energy source, adding that Anambra would take advantage of the reforms in the power sector to activate its potential.
