ESIPO, Strengthens Ties With Japanese Investors At FDI Leaders Network Meeting

…..Edo moves to attract foreign Direct investments to foster economic growth

The Managing Director of Edo State Investment Promotion Office (ESIPO), Kelvin Uwaibi has assured of more foreign investors into Edo state following the FDI Leaders Network Meeting in Tokyo, Japan, targeted at fostering collaborative efforts in key sectors.

Speaking with newsmen in Benin City, Uwaibi said efforts should be focusing on diversifying investments particularly towards attracting foreign direct investments.

He added that Edo state’s has vast potential in agribusiness, manufacturing, retail, education, technology, fintech, and entertainment, outlining the immense opportunities for prospective investors in these areas.

Uwaibi who spoke on the benefits of attracting Japanese investors to the state and country, underscored Nigeria’s market potential, with over two hundred million people, and emphasized the pro-business stance of the current government.

He assured the attendees of Edo state’s unwavering commitment to ensuring businesses thrive, pointing out the region’s distinction as home to Nigeria’s largest onshore gas reserves, ensuring reliable power supply.

Uwaibi expressed Governor Godwin Obaseki commitment towards promoting investment incentives to meet investor’s unique needs, while assuring comprehensive support from ESIPO, from the initial setup phase through to full business operation.

According to him ” ESIPO’s aftercare services will diligently follow up to ensure the sustained success of these investments.”

Emphasizing the availability of essential infrastructure and Edo state government’s readiness to provide land for investors, Uwaibi’s said his participation in the FDI Leaders Network Meeting has further strengthened the partnership between ESIPO and Japanese investors, creating opportunities for fruitful collaborations that will benefit both parties.

“This engagement exemplifies Edo state’s commitment to attracting foreign investment and fostering economic growth in the region while establishing Japan as a vital partner in this endeavour.”