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Sunday, November 26, 2023

Governor Obaseki Woos Chinese Investors.

Governor Obaseki Woos Chinese Investors.


Edo State Governor, Godwin Obaseki, is actively pursuing foreign investment opportunities, encouraging investors to leverage the business-friendly environment and incentives provided by his administration to invest in new sectors and expand their businesses within the state.


The governor, while attending the Belt and Road Global Chambers of Commerce and Associations Conference in Fuzhou, China, conducted an economic summit aimed at attracting more investors to Edo State. This aligns with the government's vision to drive economic growth and sustainability.


In a statement released on Sunday by the Edo State government, Obaseki showcased the significant reforms and programs implemented over the past seven years to attract and retain investments.


He stated, "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 our administration to invest in new frontiers and expand their businesses in the state."


The governor's proactive efforts to court international investments underscore Edo State's commitment to becoming a thriving economic hub, fostering opportunities for both local and foreign businesses.

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