Business
Summit To Boost Economic Activities In N’ Delta
The Special Duties Commissioner in (BRACED Commission and NDDC) in Delta,Mr Chris Onogba, has said that the series of South-South economic conference were targeted at economic revolution in the region.
Onogba told newsmen in Asaba that the second of the conference, which was billed for Asaba from April 26 to April 28, would attract foreign and local investors to the zone.
The forum, according to him, will create opportunity for states in the region to showcase their natural and industrial resources to potential investors.
“We are expecting investors from the U.S., Asia, Europe and all over the world and this is an opportunity to open up the South South region for investments.”
Speaking in the same vein, the state Commissioner for Economic Planning, Mr Kenneth Okpara, said the conference would give the region the leverage to display its comparative advantage over other regions.
He said that for Delta, “the conference will provide a platform for its industrialisation, which it is pursuing fast as it strives to diversify from oil and gas to manufacturing and agriculture’’.
According to Okpara, the state will also showcase its strength in micro-credit enterprise, especially in funding of small and medium scale ventures.
‘’The small and medium scale enterprise in the state is currently supported by the Bank of Industry and the World Bank and other development agencies are also keying into the programme.’’
He said that a documentary on the state’s micro-credit scheme would feature during the Asaba conference, adding that the peace that had been restored in the state would also be made bare.
“The conference will give a better picture of Delta, because before now, there were claims that the state is known for terrorism but at the end of the summit, the world will know that there is peace and security in the state and region.”