Abia State Governor Dr. Alex Otti. 

Abia Govt Unveils Initiatives To Boost Investment, Economic Growth

 

The Abia State Government has announced various initiatives aimed at boosting economic growth, encouraging investments and creating a conducive environment for business to thrive within the state.

 

 

The Commissioner for information and Culture, Prince Okey Kanu who made the disclosure while briefing Journalists on the outcome of this week’s Executives Council meeting presided over by Governor Alex Otti, highlighted key developments and ongoing projects across the state.

 

The Commissioner emphasized the commitment of the state government to welcoming serious-minded investors, both local and international, who are willing to adhere to existing laws and regulations.

 

 

Abia state is home to all and welcomes business men and investors from within and outside the country to the state, provided they are serious minded and willing to operate within the confines of existing laws of the state.

 

“The government has introduced initiatives that had been put in place for the state to be an investors’ haven.

 

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The government would continue to provide an enabling environment for businesses to thrive in the state”, Prince Kanu affirmed.

 

Addressing concerns about social responsibility, Prince Kanu enjoined investors to operate responsibly within the communities where they conduct business and also encouraged residents to embrace harmony with investors and business owners operating within their vicinity.

 

He disclosed that demolition notices have been served to individuals who erected illegal structures at the Umunneochi Trailer Park, as part of government’s efforts to ensure regulatory compliance and a conducive business environment.

Prince Kanu while noting that the fencing of the Umuchieze cattle market, Lokpanta is almost completed, underscored the government’s determination to maintain order and security within the market area and pointed out that the state government “is determined to ensure that the market remains a daily market and that the environment is amenable for business.

 

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Government is putting in place necessary facilities befitting a daily market”.

 

 

The Commissioner who also announced that the Arungwa trailer park is at 90 percent completion, emphasized that the essence of the park is to ensure that trailers operating within the Aba axis have a designated place for their operations.

 

Prince Kanu shared news of excitement within the state, particularly in Aba, following the commissioning of three roads: Umuoba Road, Jubilee Road, and Queen’s Street.

 

The Commissioner emphasized that the infrastructural projects signify the present administration’s commitment to improving connectivity and infrastructure across the state, with a total of nine roads completed since it’s inception.

 

He highlighted the state government’s collaborative efforts in driving sustainable economic growth and pointed out that government received commendations from both Abians and Nigerians for its support towards the commissioning of Geometric Power generating plant.

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Commissioner for Housing, Chaka Chukwumerije, the Commissioner for Power and Public Utilities, Ikechukwu Monday and the Special Adviser to the Governor on Media and Publicity, Mr Ferdinand Ekeoma were present during the briefing.