Abia State Governor, Dr. Okezie Ikpeazu has urged investors to come and invest in the state.
He said that those who fail to invest now may live to regret it as the Enyimba Economic City would soon be established.
The Governor who was speaking during the 1st Aba Investment Summit held at Aba with the theme “Repositioning Aba as prime investment hub for rapid economic development”, called on the federal government regulatory agencies to act as enablers rather than stumbling blocks to the promotion of “Made in ABA” products.
According to him, regulatory agencies should be in the vanguard of facilitating policies that will boost local manufacturing in order to develope the Nigeria economy.
Governor Ikpeazu expressed satisfaction that marketing Made in Aba products has paid off for Abia government and artisans adding that some parts of Ariaria International Market now has uninterupted power supply with many of their products sold outside Nigeria.
In their speeches, the Chairman, Abia Think Tank Association, Mazi Sam Ohuabunwa and Chief Executive Officer, Enyimba Economic City, Mr. Darl Uzu said the proposed Enyimba Economic City is an investment destination, where jobs would be created.
They stressed the need for collaboration between government and private investors, maintaining that Private Public Partnership is critical for economic development and urged people to join in the development of the State through investment.
Earlier in an address, the President Aba Chamber of Commerce, Industry, Mines & Agriculture (ACCIMA) Mr. Andy Obasi said the summit was initiated to ensure investments meet opportunities in Aba.
He said Aba is a leader in job creation and SME headquarters of Nigeria and needs to realize its capacities and capabilities.
Mr. Obasi disclosed that the proposed Enyimba Economic City is a project expected to turn Nigeria to an industrial hub of West Africa and appreciated the State Governor for making Aba a potential haven as well as making infrastructural developments his key task.