Over $2billion is said to have been injected into the Cross River State economy in the last one year as foreign direct investment ((FDI)  through its One–Stop-Investment Centre (OSIC) in the last couple of years.
Within the period, the State has also attracted some multi-national companies like Wilmar International, a Singaporean firm with an investment portfolio of N64.180billion that are invested into palm plantations and has cultivated over 50 thousand hectares of commercial palm plantation in Akamkpa and Biase Local Government Areas of the state.
Others include General Electric (GE) which will invest over N160.45billion in the next five years in the  into manufacturing, of gas turbine/heavy duty equipment, Essar Infrastructure Africa Ltd with an investment portfolio of N96.27billion and Are into 660MW Power plant located in Odukpani  Local Government area of the state.
The Special Adviser to Governor Liyel Imoke on Investment Promotion Mr. Gerald Ada, told Journalists at Earnest Etim Bassey Press Centre Friday that in 2007, the government established an Investment Promotion Bureau as a One –Stop Investment Centre to ease bureaucratic processes for both domestic and foreign direct investment.
He said since then, there had been a noticeable increase in FDI, thus consolidating the state’s position as a destination for business as well as leisure.
According to the Special Adviser, his department has also within the period wooed in Project Master Nig Ltd with an investment portfolio of  N9billion directed to the manufacturing of steel fabrication within Calabar Municipality and presently under construction.
He said designed work will be completed in August this year by Artee Group /Spar who are investing N6billion in a mega shopping mall in Calabar-South Local Government Area of the state to complement Tinapa Business Resort.
Ada said GE had finished discussion with the relevant stakeholders to establish intensive programmes in the Cross River State University of Technology (CRUTEC) and College of Education to train students in special skills to meet the requirement in the oil and gas industry through its Corporate Social Responsibility (CSR) Programmes.
The Ccmmissioner maintained that construction work would also commence in July this year for an Integrated pipe mill manufacturing by Brentex Petroleum Services Limited who are investing N28billion into the state economy, while Lionsteel West Africa are investing  N24.06billion or $150 million into the state economy for  steel fabrication which is expected to create over 2000 jobs.
Similarly, Premier Feeds Nig Ltd is investing N3.2billion or $20million in animal feeds production in Calabar municipality  and is expected to create 500 jobs for indigenous citizens of the state and its environ, while OCIC is also into cement production  and is expected to create over 2000 jobs and Unicem expansion project is expected to gulp N4billion.
Ada further stated that Hazcon /Chevron who are into fabrication had applied for 100hecter of fabrication yard and the department has issued an allocation letter for N3.2billion and many other investors who have visited the state for various business  transactions.