RSG, World Bank Partner On Investment Blueprint

The Rivers State Government says it is engaging the World Bank for the development of a blue print to attract local and foreign investments into the state.
Permanent Secretary, Ministry of Budget/Economic Planning, Mr. Felix Odungweru disclosed this at a workshop on Rivers Investment Policy in Port Harcourt.
Odungweru said that the engagement process, which was being sponsored by the State Employment and Expenditure for Results (SEEFOR) project, was also aimed at reforming the state’s budgetary process.
The permanent secretary, who acknowledged that investments cannot come to the state without a reform of the budgetary process, said that the present administration was desirous of ensuring transparency in the budgetary process of the state.
He also said that the outcome of the process will boost the revenue of the state.
Also speaking, the Permanent Secretary, Ministry of Culture and Tourism, Mr. Mike Ejiowhor said that the state was lucky to have an administration that was desirous of bringing back investments into the state.
Ejiowhor also described Rivers State as a potential investment destination, adding that a lot of investors can take advantage of the cultural potentials of the state to invest.
The permanent secretary, who regretted the absence of government amusement park in the state, also disclosed moves by the authority to relocate the Port Harcourt Zoo to Greater Port Harcourt City.
On his part, the state Coordinator of the State Employment and Expenditure for Results (SEEFOR) project, Mr. Keluous Amos, stressed the need for the government to look at issues of security and infrastructure.
Amos also said that the democratic institutions in the state will also determine the level of investment into the state.