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Friday, October 18, 2024

Come, Invest In Delta, DIDA Boss Woos Investors With Incentives

The Delta Investment Development Agency (DIDA) has called on serious-minded local and foreign investors to take advantage of the state government’s ease of doing business package.

The Director-General of the Agency, Hon. Anthony Elekeokwuri, made the call in Asaba in an interview with newsmen.

Hon. Elekeokwuri said the creation of DIDA was instructive of the seriousness attached to fully exploring the investment potentials of the state, pointing out that the MORE agenda of the Governor Sheriff  Oborevwori administration has a lot of investment opportunities for investors to explore. He assured of a conducive environment to do business in the state, adding that the government will assist in land acquisition, provision of safety, ensuring cordial relationship with host communities, as well as grant tax waiver to prospective investors.

He appreciated the role of the private sector in driving investments and the economy, explaining that different models of partnership with the private sector in the areas of agriculture, oil and gas, power generation, among others, were also available for investors to do business. Hon. Elekeokwuri spoke on the readiness of the state government, through the Agency, to subscribe to equity or direct participation in business, stressing that the overall interest of government was to create demands through increased productivity, generate employment and boost the economy of the state.

On the mandate of the Agency to revive some of the moribund industries in the state, the former member of the State Assembly said certain options would be considered to ascertain the viability or otherwise of reviving such industries, even as he invited investors to buy in the revival concept.

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