Monday, December 29, 2014

Anambra attracts $1.65bn investments as Oduah heads Anambra airport project

In keeping with his avowed commitment to achieve increased investment in­flow to the state, Anambra State Governor, Chief Willie Obiano, said the state has at­tracted about $1.65 billion investment from investors since March 17, 2014 when the new administration was inaugurated.

These investments, he said, were attracted to key areas covering agriculture, hospital­ity and tourism industry, power generation, trade and com­merce, among others.
Obiano, who addressed journalists on the various pro­grammes and achievements as well as challenges facing his government, also disclosed that he had appointed for­mer Aviation Minister, Prin­cess Stella Oduah, as head of Anambra State Airport De­velopment Agency based on her wealth of experience and track record of turning around the country’s aviation industry, noting that his administration had distributed high-yielding seedlings to farmers and en­couraged the formation of co­operative societies for easy ac­cess to farm inputs and credits.
The governor stated that through the Anambra State In­vestment Promotion and Pro­tection Agency
(ANSIPPA), investments had flowed in from the Coched Farms $175 million, Ekcel Farms Limited ($150 million) and Grains and Silos Llimited ($11 million). Others are Del­farm Limited and Songhai Regional Centre from Benin Republic with $200 million investment, West Africa Inter-continental Trade Centre ($320 million) and Cardinal Devel­opers and Trust which took over the completion of Anam­bra’s four-star luxury hotel in Onitsha, among others.
He stated that the invest­ment feat recorded by his ad­ministration in a few months in office was made possible by well-deserved appoint­ment of competent profes­sionals, especially in the areas of financial investment and banking as board members of the Anambra State invest­ment Promotion and Protec­tion Agency (ANSIPPA), led by Cyril Enweze, traditional ruler of Umuoji and an accom­plished professional of interna­tional repute.
The governor pointed out that consideration was being given to an idea of expanding Onitsha Main Market to the River Niger, stressing that four other urban markets had been proposed for urban settlements of the state.

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