- By Precious Akutamadu
- Gov. Siminalayi Fubara of Rivers, has said that the state investment promotion agency will be a melting point for investment related activities in the state.
- Fubara told newsmen in Port Harcourt on Tuesday that the executive order establishing the agency was an outcome of the state economic submit.
- It would be recalled that Fubara, on Monday signed the Executive Order 002 of 2024 aimed at establishing the Rivers State Investment Promotion Agency.
- “The agency is part of the recommendations in the report of the economic and investment summit held in the state in May.
- “That economic submit provided a veritable platform for us to discuss ways of opening the state up for economic advancement.
- “So the investment promotion agency will be a one-stop-shop to seamlessly handle investment related activities in the state,” he said.
- He said that the agency will coordinate the inquiries and business interests expressed by investors who consider the state a good destination.
- According to the governor, investors will now have an official central point to make investment inquiries upon arrival in the state.
- “The time when new investors fall into wrongs hands is over. With this agency, investors will get the required answers from the right source.
- “Their concerns will also be addressed by the right authorities. They don’t need to start running around as done in the past,” he said.
- The governor said that with the agency on stream, the state was looking forward to robust business deals, especially in healthcare and agriculture sectors.
- “Part of the challenge in the country now is food, our interest is to reduce the cost of living and improve the wellbeing of our people.(NAN)
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