Governor Mbah Assures Foreign Investors Enugu is Safe for Investments
Enugu State Governor Peter Mbah has reassured international and American investors that the state is secure for doing business and making investments.
He claimed that Enugu was now the ideal state for foreign companies due to the intentional policies of his administration to facilitate ease of doing business and strengthen institutions.
During his speech yesterday to an international business audience in Houston, Texas, United States, on the theme of “Fidelity International Trade and Creative Connect (FITCC)” organized by Fidelity Bank, Mbah also recommended investors take into consideration investing in Enugu’s enormous investment opportunities with the promise of a high return on investment.
In a speech titled “Enugu State is Ready to Deal: Investment Opportunities and Her Compelling Competitive Advantages,” the governor addressed over 700 delegates and investors, including representatives of USEXIM Bank, AFREXIM Bank, the Houston Port Authority, Houston Airport Authority, Woodland Chamber of Commerce Houston, NIPC, the Central Bank of Nigeria, Fidelity Bank, and a host of other international investors.
He said his administration had already set the trajectory that would make the state the most desirable place for both local and foreign direct investment.
In the presence of Dr. Sam Ogbu-Nwobodo, managing director and chief executive officer of the Enugu State Investment Development Authority (ESIDA), Governor Mbah announced the activation of policies aimed at creating the most favorable business environment possible in terms of accountability, transparency, traceability, and liberalization. He also mentioned that an increasing number of investors had begun expressing interest in the state.
He gave insights into the administration’s ongoing agenda for transformation and the potential for market investment made possible by powerful institutions that would both guarantee and safeguard investors’ capital.
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