Edo, GIZ review strategies to attract $200m investment


Gov Godwin Obaseki (file photo)

Edo State Investment Promotion Office (ESIPO) in collaboration with Germany’s leading provider of International Cooperation Service, GIZ, is reviewing investment strategies to position Edo as Nigeria’s most attractive and viable investment destination.

This is part of the state’s resolve to add $200m worth of investment into its economy.

Welcoming participants to a three-day retreat which held in Asaba, Delta State and tagged, “Institutional Strengthening, Strategy and Mid-year Review”, the Managing Director, ESIPO, Mr. Kelvin Uwaibi, said that the retreat was coming at a time when ESIPO was desirous of meeting its target of attracting quality investors into the state.

He said: “We need to think differently and strategically to meet our target of attracting $200m worth of investments. In doing that, we are sure of attracting more jobs and more wealth for the people thereby achieving the economic recovery plan in the MEGA agenda.

“Let us be reminded that this retreat is about institutional strengthening, strategy and mid-year review. I must particularly thank GIZ for this support because ESIPO is the first agency to receive this kind of support in the State. It is important to know that with this, we now need to show our performance.

“We will be looking at our strategy also. We need to make ESIPO sustainable. Let us evaluate and re-evaluate ourselves to know how well we are delivering on our mandate. This is because we must meet our target in repositioning the economy of Edo State.”




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