The Nigeria Export Processing Zones Authority (NEPZA) says it will ensure twenty two billion dollars investment in Delta State.
The Managing Director of NEPC, Prof. Adesoji Adesugba made the pledge at the license presentation ceremony of Delta Special Economic Zone (DSEZ) on Wednesday in Abuja.
While commending Delta State government’s efforts to reactivate the free trade zones scheme in the state, Adesugba restated NEPZA’s commitment to support the success of the project.
According to him the Free Trade Zones scheme has been able to turn the tide of economic development in different countries.
“We need to be very competitive and that is why NEPZA is very happy to be working with you.
“Everybody is talking about Lagos; there are about 22 billion dollars investments in free zones in Lagos and we believe that we can replicate what is happening in Lagos in other states.
“Delta State stands to gain, it is well positioned and all it needs is that leadership and vision which you have shown and we pray that your successor will key into this and ensure we actualise it.
“The Nigeria Export Processing Zones Authority is willing, ready and capable to give you all the necessary support,’’ Adesugba said.
While emphasising the need for the Nigerian market to be more competitive, Adesugba said that the free trade zones scheme turned the tides of economic development of different countries.
On his part, Dr Kayode Adetokunbo the consultant for the project emphasised the importance of the project among which was creating job for the teaming Nigerian youth among others.
According to Adetokubo, the Delta state government has invested richly in peace and security, capital investment, health, education and has created the enabling environment for business to thrive in the state.
He said: “ The opportunities are eminent, Delta is relatively safe and set for business.’’
Meanwhile, Gov. Ifeanyi Okowa of Delta commended the NEPZA boss for his commitment and support towards the realisation of the project while calling for more collaboration.
According to Okowa, the state has a great advantage as it produces a lot of gas and oil.
He said “We are also very much involved in agriculture, and putting all these things together, I believe that we are set for this nation and for the world.’’
Okowa said in spite of the challenging times and troubles in many states of the nation, Delta state was relatively peaceful and had ensured an enabling environment for businesses to thrive.
“We are ready for the partnership, not only with NEPZA but with the rest of Nigerians, particularly the organised private sector and the global community.
“And we are there as a state to ensure that we are able to provide a competitive, peaceful and welcoming environment.
“And we will work with the rest of Nigerians to ensure that we are able to develop the human capital which will also be needed for the growth of industries.
“I believe that we are ready to make sure that this special economic zone works for all,’’ Okowa said.
