One of the key determinants of growth in any economy is the level of direct investments that it receives from abroad. The willingness of such investors to inject capital into any section of an economy is also an indication of the confidence they feel that government can provide an enabling environment for wealth creation.
It is in this light that the new Government of Imo State has opened the doors of the state to investors willing to harness its abundant potentials. As a consequence of this, Senior Management of the Nigeria Sovereign Investment Authority has led a high-powered team of foreign investors comprised of the senior management of Zalar Holdings of Morocco, and UFF of the Netherlands on inspection visit to the moribund Avutu Poultry Farm in Obowo Local Government Area. Due to protracted neglect, Avutu Farm has been in abeyance over several years.
The team has expressed its determination to transform the farm into a modern poultry business, hence was visiting to conduct a first-hand assessment of the industry. The team’s visit to Imo State is no doubt a welcome development and most importantly, a bold indication of things to come under the leadership of His Excellency, Emeka Ihedioha, CON.
The Governor has expressed his unwavering determination to attract investments in Imo State to guarantee employment of the indigenes of the State and restore its true potentials. This visit further demonstrates the Governor’s readiness and commitment to revive the agricultural sector and create wealth for the people.
The Team was led by the Senior Special Assistant to the Governor on Agric Development, Mr Uche Odozor.
- Source: Olu Owerri