Akwa Ibom, China parley on industrialisation

Akwa Ibom. PHOTO: jetlifenigeria

Akwa Ibom. PHOTO: jetlifenigeria

AS part of its resolve to industrialise the state, the Akwa Ibom State government has received a Chinese investment delegation comprising industrialists and manufacturers from Shangdong Province for bilateral talks.

Chairman of the state’s Investment Corporation (AKICORP), Dr. Elijah Akpan who made the disclosure while addressing journalists in Uyo at the weekend, said the move was to foster relationships among the expatriates, government and businesses in the state as a step towards the industrialisation of the state.

He explained that the visit by the delegation, led by the Provincial Director of Small and Medium Enterprises Administration, Wang Wei Chen, was part of efforts by AKICORP to stimulate economic and industrial activities in the state by providing the nexus between the foreign and local investors as well industrialists.

Addressing stakeholders which include small and medium scale entrepreneurs, businessmen and youth business groups, Akpan the visit was to expose the industrial potential of the state to China, a global economic power.

He noted that the state’s industrial sector was undergoing a fundamental restructuring from public sector leadership to private sector control under the Public-Private Partnership initiative of the state government with a bulk of state-owned companies already restructured and privatised.

“Massive investments have been made in building new roads and rehabilitating old ones. In the past eight years, over 300 state and federal roads spanning approximately 1.200km have either been built or fixed by the state government. Our compact size demands that we develop our state as an integrated city served with modern infrastructure.

“The state has a modern international airport with a world class hangar and MRO facility, a seaport and an industrial city at Ibaka are being built to boost oil and gas and other related industries and much more we have become part of Nigeria’s gateway to the countries of Central Africa like Cameroun, Gabon, Central African Republic, Equatorial Guinea and Congo,”Akpan said.

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