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Friday, October 18, 2024

DTSG Urges Entrepreneurs, Investors To Take Advantage Of Free Trade Zone, Seaports

THE Special Adviser on Trade and Export to Delta State Governor, Shimite Love, says the State Government is working with Koko and Kwale Free Trade zones in the state for entrepreneurs to come in and do business.

She noted that Governor Sheriff Oborevwori’s administration is poised to develop the state’s economy through trade and export with the appropriate policies and strategic plans.

Love then called on investors and financially-stable individuals to help in the development of the free trade zones to create more employment opportunities in the State, saying, “the same money used in buying more expensive cars by an individual could be invested in the building of warehouses in the zones.”

She enjoined developers, who have built hotels in Asaba and Warri, and looking for another place to build to consider building a factory in the free trade zones.

“That way, we would help create more employment opportunities and give people more access to financial freedom.”

According to her, there are business opportunities in every challenging situation, including the prevailing economic hardship in the country, stressing the need for people to look beyond the current economic situation and see opportunities that abound everywhere in the state.

Speaking to newsmen, Love said that designs for the residential areas within the FTZs had been completed for proper housing of investors, entrepreneurs and their employees, explaining that the operations of Koko Port would boost the Ease of Doing Business  (EODB)in the state.

“The heavy duty factories, the light factories, the warehouses, the recreation areas, all of these are business opportunities. Whether you want to establish a salon, factory, office complex for forwarding and trading agents, they are all  business opportunities that everybody can build on”, she said.

Love highlighted the benefits of registering with the FTZs and encouraged importers and exporters to register their companies with the zones as it covers the residency visa and work permit of expatriates that work in such companies, among other things.

She noted that ships now move from Koko Port to other parts of Africa, South Africa, UK and  parts of the World; which she said, is an added advantage.

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