Adibe Emenyonu in Benin City
In a bid to foster collaborative efforts in key economic sectors such as agriculture, manufacturing and technology the Managing Director, Edo State Investment Promotion Office (ESIPO), Mr. Kelvin Uwaibi, recently attended the Foreign Direct Investment (FDI) Leaders Network Meeting in Tokyo, Japan, where he engaged with 41 prominent Japanese investors.
In a statement yesterday in Benin City, capital of Edo State, Uwaibi said the meeting in Tokyo, also focused on other areas such as education, fintech, entertainment and retailing, which were outlined for immense opportunities for prospective investigators.
Addressing the Japanese investors, Uwaibi underscored Nigeria’s market potential, of Nigeria with over 200 million people, and emphasized the pro-business stance of the current government of Edo State.
He assured the attendees of Edo State’s unwavering commitment to ensuring businesses thrive, pointing out the region’s distinction as home to Nigeria’s largest onshore gas reserves to ensure reliable power supply.
Furthermore, he committed Edo State to tailoring investment incentives to meet each investor’s unique needs, while assuring comprehensive support from ESIPO, from the initial setup phase through to full business operation.
He said ESIPO’s aftercare services will diligently follow up to ensure the sustained success of these investments.
Emphasizing the availability of essential infrastructure and Edo State Government’s readiness to provide land for investors, Uwaibi noted that “my participation in the FDI Leaders Network Meeting has further strengthened the partnership between ESIPO and Japanese investors, creating opportunities for fruitful collaborations that will benefit both parties.”
According to him, “This engagement exemplifies Edo State’s commitment to attracting foreign investment and fostering economic growth in the region while establishing Japan as a vital partner in this endeavour.”
