Obaseki tells investors at Dubai Submit about Benin River Port, Enterprise Park, others

Obaseki tells investors at Dubai Submit about Benin River Port, Enterprise Park, others

At this year’s Annual Investment Meeting (AIM) in Dubai, Edo State Governor, Mr. Godwin Obaseki, wowed investors with his pitch for investments in the Benin River Port, Enterprise Park, and Benin Inland Container Depot/Dry Port, among other big-ticket projects, in a bid to deepen development and open up the state’s economy to productivity and industrialization.

The governor is one of the members of the Nigeria Governors’ Forum (NGF) who are attending the annual summit to seek foreign direct investment from UAE firms and organizations (UAE).

Governors from Abia, Akwa Ibom, Bauchi, Bayelsa, Cross River, Ekiti, Enugu, Kwara, Niger, Ondo, Plateau, Sokoto, and Yobe states are also part of the group.

During his speech, Obaseki stated that industrialisation is one of his administration’s core pillars, adding, “We have made a significant impact in this regard and we will continue to provide the needed environment to spur industrialisation as it has the potential to boost economic growth and development.”

Obaseki, who claimed that Edo State was quickly becoming a preferred destination for foreign investment, highlighted ongoing reforms in the state’s ease of doing business, including the signing of a Power Purchase Agreement (PPA) with Ossiomo Power Company to provide stable power to government institutions and drive the state’s industrial sector, among other measures to ensure the influx of investors.

The governor noted the economic benefits of the Benin River Port and Edo Enterprise Park projects, saying his government will continue to advocate for more of them to ensure the necessary infrastructure to attract and retain investment and promote equitable growth.

The Annual Investment Meeting (AIM) is a UAE Ministry of Economy initiative that aims to create a platform for worldwide discussion on the core ideas that underpin international investment policies, strategies, and practices for smart and equitable global growth.

“Since its inception, the Annual Investment Meeting has established itself as a leading global investment platform that aspires to ignite positive transformation by creating investment opportunities, maintaining solidarity, and developing economic relations among nations, as well as addressing global ordeals that will have a profound impact on economic growth,” according to the organizers.

 

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