Obaseki takes Edo Economic Summit to China, woos investors with business-friendly reforms, other incentives

The Edo State Governor, Mr. Godwin Obaseki, has continued his foreign investment drive, rallying 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.

The governor, on the sidelines of the Belt and Road Global Chambers of Commerce and Associations Conference, in Fuzhou, China, held an Economic Summit, to woo more investors into Edo 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.

L-R: Chairman of Yongxing Steel Company, Lin Qiantao; Edo State Governor, Mr. Godwin Obaseki, and Managing Director of Yongxing Steel Company, Zhang Xiang Hai, during the Edo Economic Summit on the sidelines of the Belt and Road Global Chambers of Commerce and Associations Conference, in Fuzhou, China.

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.

According to him, “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.”

Obaseki noted that Edo State has a fast-growing reputation as the energy and petrochemical hub of Nigeria which is a big attraction to potential Chinese investors with prospects of affordable gas exploration, urging the 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., the

The session concluded with an interactive Question and Answer segment, during which potential investors posed questions to the governor and his delegation regarding the procedures for investing in Edo.



Comments

Post a Comment

Popular posts from this blog

Education Remains a Top Priority of Our Policy Thrust: Gov. Fubara

Image
The Rivers State Government says it will continue to place education as one of the top most priorities of its policy thrust. Governor Sir Siminalayi Fubara stated this during the 34th Convocation Ceremony of the University of Port Harcourt on Saturday 24th February, 2024. The Governor who spoke through his Deputy, Professor Ngozi Nma Odu, said although the University of Port Harcourt is a Federal University the State Government would continue to support and collaborate with it to place it in a path that  would be the envy of other institutions. “We shall support you because whenever we add value to this institution, you add double value to whatever we have placed before you and we shall continue to ensure that you are given a place of high distinction and excellence”, the Governor stressed. Governor Fubara disclosed that his administration was desirous to create the enabling environment to ensure Rivers State remains a preferred destination to achieve quality education in the count...
Read more

Governor Mutfwang Crowns New Ngolong Ngas, HRH Nde Jika Golit

Image
The Executive Governor of Plateau State, Barr. Caleb Manasseh Mutfwang, has performed the coronation of the New Ngolong Ngas, Nde Jika Golit. The ceremony is coming nine years after the demise of the late Ngolong Ngas, Nde Joshua Dimlong. Governor Mutfwang, who performed the presentation of staff of office and certificate to the New Ngolong Ngas at the Pankshin Township Stadium, praised the Ngas Nation for a rancor-free selection process of the new Ngolong Ngas. He warned mischief makers against needless court actions that are capable of delaying or frustrating the selection and installation of traditional rulers in the state. He also implored citizens to alway accept the will of God in all circumstances. "I congratulate the Ngolong Ngas, Nde Jika Golit, on his ascension to the throne of his ancestors. His selection by the kingmakers, through a peaceful and rancor-free atmosphere, is worthy of emulation by other ethnic groups in the state." the Governor stated. "Let me s...
Read more

COMMUNIQUE ISSUED BY THE PDP GOVERNORS’ FORUM AT THE END OF AN ENLARGED MEETING ON TUESDAY, OCTOBER 22, 2024

Image
The PDP Governors’ Forum under the leadership of H.E. Governor Bala A. Mohammed, CON, held an enlarged meeting at the Bauchi State Governors’ Lodge, Tatari Ali House, Asokoro on Tuesday, October 22, 2024. Rising from the consultative meeting of the various organs of the Peoples Democratic Party, PDP, the Party resolved as follows: 1. The National Executive Committee, NEC, meeting originally slated for October 24, 2024, has been rescheduled to November 28, 2024. 2. The postponement is to ensure that the party goes into the forthcoming Ondo gubernatorial elections of November 16, 2024 with the unity and strength demanded to unseat the floundering All Progressive Congress, APC government in the state. 3. Reiterating the need for unity in the face of efforts by detractors to divide the party, the meeting called on all members to shun divisive utterances that could undermine ongoing efforts at strengthening the party to effectively play its role as the country’s main opposition, preparatory...
Read more