• Saturday, March 02, 2024
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BIPA plans activities to woo investors to Bayelsa


As part of efforts to pro¬mote investment potentials, the Bayelsa State Investment Promotion Agency (BIPA) has lined up activities and programmes to attract the global business communities to the state.

Freda Murray-Bruce, the director general of the agen¬cy, told newsmen recently in Yenagoa that BIPA is set to chart a new course for profitable international busi¬nesses through its activities this year.

Murray-Bruce said the programmes include BIPA investment alert, a 15-minute television pro¬gramme highlighting in¬vestment activities of the state government to woo international businesses and a quarterly.

There is also a proposed quarterly investment maga¬zine named ‘Investment Alert’ which would show¬case all the present admin¬istration’s performance for the quarter including the current orderly atmosphere for investment.

Others include an Inter¬national Investment Forum, a programme conceived to attract foreign investment in several sectors and to enable meaningful interaction be¬tween indigenous investors and their foreign counter¬parts, government and inter¬continental businessmen as well international agencies.

Murray-Bruce added that BIPA would organise Local Government Areas Road show to showcase in¬vestment opportunities that abound in the eight local government areas of the state.

According to her, the programme would encour¬age usage of feasibility study to determine high yielding investment opportunities in each community of the local government areas and con¬sequently enable the agency render accurate statistics on these potentials to interested investors.