The Edo State Governor, Mr. Godwin Obaseki has continued his foreign investment drive, urging investors to take advantage of the business-friendly environment and other incentives provided by his administration to invest in new frontiers and expand their businesses in the state.
On the sidelines of the Belt and Road Global Chambers of Commerce and Associations Conference in Fuzhou, China, the governor held an economic session to woo more investors into the state in line with the government’s vision to drive economic growth and sustainability.
Fuzhou is the largest city in Fujian Province where, coincidentally, the majority of the Chinese companies operating in Edo State are headquartered.
The summit had over 180 foreign investors in attendance.
The governor at the forum showcased the impactful reforms and programmes implemented by his administration over the past seven years to attract and retain investments.
He noted that the reforms and programmes have impacted the civil and public service, education, healthcare, infrastructure, transport, agriculture, technology, and social welfare sectors of the State’s economy, placing the State as a frontier State for economic expansion.
He said, “These initiatives encompass streamlining bureaucracy, implementing business-friendly policies, ensuring the availability of raw materials and energy, and fostering the development of the skilled workforce necessary for these enterprises.
“Edo State has a fast-growing reputation as the energy and petrochemical hub of Nigeria which should be a big attraction to potential Chinese investors with prospects of affordable gas exploration
“I urge investors to take advantage of the business-friendly environment and other incentives provided by his administration to invest in new frontiers and expand their businesses in the state”.
