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Foreign investors indicate interests in Kwale Industrial Park ― Okowa

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Okowa canvasses special attention to education, health sectors
Delta State Governor, Ifeanyi Okowa

By Festus Ahon – Asaba

Delta State Governor, Senator Ifeanyi Okowa, weekend, said some prospective investors has indicated interest in the Kwale Industrial Park, expressing their readiness to commit funds to the project and relocate to Nigeria.

Okowa speaking at The Natural Gas and Chemicals International Forum In Nanjing, China, expressed confidence that his trip to China was fruitful.

The event with the theme “Nigeria: The Kwale Industrial Park Investment Opportunity”, had investors, consultants, federal government delegation as well as a delegation from the state in attendance.

The Governor said that the industrial park project had been properly positioned before the international investing community, adding that; “I have had the privilege of attending these strategic meetings and one of the companies which is a methanol company is ready to relocate to Nigeria.

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“We had a very useful session, answering most of their questions and also asking them questions which they’ve provided answers to. We are hoping that within the next two weeks there will be communication between them and our team.

“The Chairman of the company is also looking forward to being in Nigeria before the end of November and all things being normal, we hope that by next year, they will be in Delta at the Kwale Industrial Park to begin the process of construction

“Deltans have also been reassured of our commitment to ensuring that the Kwale Industrial Park project comes to fruition”, adding that his delegation was in china to market the project.

Speaking further, Okowa said; “We have worked with technical partners who are knowledgeable and we have done a lot of work.

The process started about 18 months ago and the responses we are getting from here is very reassuring.

“I ask our people to continue to ensure a peaceful environment which is necessary to attract the enterprises that we need to deliver this project”.

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In his remarks, a Federal Government Representative, Mr Peter Ekwozo, restated the commitment of the federal government towards supporting Okowa’s initiative in attracting foreign direct investment in methanol fuel industry.

Ekwozo, who is a Director in the Federal Ministry of Science and Technology, said “this is an excellent move by Delta State Government. This will involve so much because of the value chain effect; there will be so many spill-off industries that will create jobs and generate wealth.

“It will also take Nigerian youths off the streets. Methanol fuel is actually targeted at five sectors that the federal government has committed to the global community under the Paris Agreement that will be coming into effect next year.

“I just want to tell the governor that he should keep it up, look at where he is now, he is far ahead of the federal government so, this policy will help him to further drive this project.”

Vanguard News Nigeria.

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