Governor Ifeanyi Okowa has disclosed
that the Delta State Investment Development Agency will soon be established to
harness investment potentials in the state.
The Governor who stated this when he
received on courtesy visit the Swiss Consular General, His Excellency Yves
Nicolet on Tuesday [26-07-16] in Asaba said that the state Investment
Development Agency amendment Bill was before the House Of Assembly and would be
approved in the next few weeks.
Governor Okowa receiving the wiss Consular general, Yves Nocolet to his office. With them is Mr. Obiago Afam, . |
He explained that
the agency would liaise with the organised private sector, embassies
and investors the world over to utilise the investment opportunities and grow
the state economy. “We will soon establish the Delta state Investment
Development Agency whose Amendment Bill is before the House of Assembly and
will be passed within the next few weeks. The agency will liaise with the
organised private sector, embassies, investors from around the world to improve
bi-lateral and investment relationship in the state”, the governor said.
Governor Okowa
explained that given the recent financial challenges facing the country due to
dwindling oil price, the state has embarked on the diversification of its
economy through the agricultural sector using commercial farmers and other
farmers on the ground stressing that “in the next few years, they will act as a
pivot to aggregate our output, export our produce, improve our revenue
and the life of the peasant farmers”
He commended the
Consular-General on the visit and assured him of the state readiness to partner
with Swiss companies and investors to develop the state economy describing the
state as the Economic hub of the South- South region with the best enabling
investment environment.
Earlier, His
Excellency, Yves Nicolet told Governor Okowa that he was in the state to
explore its economic potentials stressing that the Swiss Government was
interested in improving the bi-lateral trade relationship with Nigeria and
diversify its investments to other states apart from Lagos.
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