The Chairman of the Edo State Investment Promotion Office, Kelvin Uwaibi has said that its participation at the 27th World Investment Conference in New Delhi, India is strategically aimed at addressing economic and social challenges, to impact investment inflows, specifically in emerging economies like Nigeria.
Expressing appreciation to the European Union and the United Nations Development Programme for their support, Uwaibi said ESIPO engaged in diverse activities, including intensive technical sessions and strategic networking sessions focused on bolstering investment prospects in Edo State.
He said, “ESIPO’s core objectives revolved around learning from global peers, understanding evolving Direct Foreign Investments trends, and enhancing investment prospects for Edo State.
“The team actively participated in specialised technical sessions led by industry experts, diving deep into strategies for unlocking potential in climate-focused FDI, refining investor engagement approaches, and mobilizing institutional investments.
Uwaibi said the technical sessions were instrumental, offering insights from global development leaders and discussions on bridging FDI gaps, leveraging technology for investments, and promoting climate-conscious initiatives.
He stated, “ESIPO actively contributed to dialogues advocating transparent investment policies, technology-driven growth, and innovative approaches aligned with Sustainable Development Goals. ESIPO’s engagements included meetings with various businesses and startups, fostering potential collaborations and exploring investment opportunities in Edo State.
“Crucial discussions with Invest India, Business France, and the General Authority for Investment and Free Zone paved the way for potential collaborations and investment facilitation, ensuring a robust investment landscape.”
He emphasised Edo State’s commitment to welcoming EU investors, envisioning it as the preferred cosmopolitan destination by 2030.
According to him, “Edo State has made gains in establishing an ecosystem conducive for investors and digital nomads, fostering an environment for living, working, and flourishing.
“ESIPO’s active engagement and fruitful interactions at the WIC underscored the government’s commitment to attracting strategic investments, fostering economic growth, and aligning with global investment trends.”
SOURCE: PUNCHNG
