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Enugu Gov’t signs partnership deal with Commonwealth on investment promotion

quicknews-africa.net 2024/10/5
Peter Mbah

The Enugu State Government has signed partnership deal with the Commonwealth Enterprise and Investment Council (CWEIC) in London to facilitate investment flow into the state.

The partnership is in line with Gov. Peter Mbah’s target to grow the economy of Enugu State from the current $4.4bn to $30bn in four to eight years.

Mr Uche Anichukwu, the Senior Special Assistant to Gov. Peter Mbah on External Relations, made the disclosure in a statement on Friday in Enugu.

He said the Commissioner for Trade, Investment and Industry, Mrs Adaora Chukwu, who represented the governor signed for the state government at the CWEIC Global Advisory Council meeting in London.

The governor said that the state had already embarked on massive investment drive.

Mbah expressed optimism that the partnership would open scores of opportunities in the areas of infrastructure, agriculture, tourism and hospitality, trade and network to the state.

According to him, the CWEIC meeting was a strategic opportunity to explore extensive areas of socio-economic interests among the 56 commonwealth member states.

“As a strategic partner of CWEIC, the Enugu State Government will leverage on the extensive network of the Council with the global business community and multilateral institutions.

“We will also partner Commonwealth Governments to mobilize external financing for infrastructure and industrial projects in our state,” he added.

The News Agency of Nigeria (NAN), reports that CWEIC is the Commonwealth’s accredited business network with an official mandate from the Commonwealth Heads of Government to facilitate trade throughout the 56 Commonwealth nations.

NAN recalled that the state government had on Sept.1, 2023, hosted the Enugu State Investment and Economic Growth Stakeholders Roundtable where it unveiled 30 investment opportunities worth over $2.1 billion. (NAN

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