As Edo readies for the Alaghodaro Summit 2021, big ticket investors including the Dangote Group, Okomu plc and Presco plc have showed interest to wholly participate in the summit, leveraging the platform to tap into the investment opportunities created by the business-friendly disposition of the Governor Godwin Obaseki-led state government.
The summit, in its fifth edition, is scheduled to take place between November 12 and 14, 2021, with the theme, “Edo of Our Dreams: Building a Sustainable Future.”
The annual summit, to mark the governor’s anniversary in office, showcases investment opportunities in the state and the numerous achievements, reforms and initiatives by the administration to improve the living standard of the people.
Crusoe Osagie, chairman, marketing and branding sub-committee, Alaghodaro 2021, who spoke with journalists in Benin City, said, “Already, top private sector players in the state and across the globe, like Dangote Group, Presco and Okomu, among others, have declared interests in the summit, with plans to leverage the business-friendly environment and the opportunity for exchange of ideas with the private sector created by the state government to tap into Edo’s rich investment opportunities.”
The state has got an avalanche of requests from the organised private sector players, who are poised to clinch vantage positions at the summit to reap from the gains of the conducive-business environment provided by the government, he said.
Read Also: Sterling bank boss, 9 others appointed Alaghodaro board directors
According to Osagie, “This year’s summit promises to be even more exciting, as it will showcase a number of the transformative policies and programmes by the state government targeted at further easing up the space for private investment and building a productive, efficient and result-driven civil and public service.
“While Okomu and Presco are poised to expand their plantation, Dangote is planning to accelerate its investment in the solid mineral sector, especially with its cement manufacturing plant, which is already operational in the state.
“Governor Obaseki has continued to prioritise inflow of investment into the state with bold and investor-friendly policies, which has resulted in the setting up of a number of industrial plants, including modular refineries, gas processing plants, energy parks, an inland dry port, among others.”
Meanwhile, Edo Modular Refinery, the CCETC-Ossiomo Power Plant, and the Edo Production Centre, among other projects to open up Edo’s industrial sector would be the focal point of this year’s Alaghodaro Summit.
Osagie said the state government had continued to support the state’s manufacturing and industrial sector, ensuring the provision of the right incentives to drive productivity.
“These incentives, as well as reforms and projects like the Edo Modular Refinery, the CCETC-Ossiomo Power Plant, and the Edo Production Centre, among others, to open up the space for private investment in the manufacturing sector, will be brought to the fore at the Alaghodaro Summit 2021.
“The summit will serve as a platform to bring together local and international manufacturers as well as other industry leaders to review and explore opportunities in the sector,” he said.
Join BusinessDay whatsapp Channel, to stay up to date
Open In Whatsapp
