By Francis Igata

ENUGU—Worried by the dwindling economic fortunes in the country,the Enugu State Government,yesterday,activated machinery towards the successful hosting of a maiden World Investment Summit scheduled to hold April 12-14.

Ugwuanyi

Christened, ”Oganiru (better future) Enugu State World Investment Summit,” government said it has become imperative to think outside the box to showcase the state’s latent economic potentials to the world in order to attract prospective investors for a hands-on investment in different sectors in the state.

This came on a day the governor reconstituted the Enugu State Council on Commercialization and Privatization and the Enugu State Technical Committee on Privatization and Commercialization headed by the State Deputy Governor, Mrs. Cecilia Ezeilo and an investment banker, Mr. Ikechi Chioke, respectively.

Governor Ugwuanyi while inaugurating the bodies at the Government House, Enugu, charged the members to swing into action immediately and effectively spearhead the drive for credible and suitable investors to turn around the fortunes of the affected enterprises and companies for its inherent economic benefits to the state.

The investment summit followed advice from the Economic Advisory Committee,inaugurated last year by Governor Ifeanyi Ugwuanyi of Enugu State with a charge to chart an economic blueprint that will attract prospective investors for job creation,improved standard of living and boost the state Internally Generated Revenue,IGR.

While briefing newsmen at the Government House,the Director General,Enugu State World Investment Summit, Ike Chioke, revealed that the summit will target solid minerals, power generation/distribution, agriculture/processing, tourism/hospitality, health tourism development, transportation/aviation/railway, ICT/media/entertainment, free trade zone, manufacturing, industrial park, real estate and tertiary education.

The DG further revealed that government will inaugurate the state Council on Commercialization and Privatization as part of its desperate efforts working with the private sector to revive the 17 moribund industries in the state in line with the aim of the investment summit.