By Ikhili Ebalu, Benin City
Kelvin Uwaibi, the dynamic Managing Director of Edo State Investment Promotion Office (ESIPO), recently attended the FDI Leaders Network Meeting in Tokyo, Japan, where he engaged with 41 prominent Japanese investors, fostering collaborative efforts in key sectors.
With a focus on diversifying investments, Mr. Uwaibi showcased Edo state’s vast potential in agribusiness, manufacturing, retail, education, technology, fintech, and entertainment, outlining the immense opportunities for prospective investors in these areas.
Addressing the Japanese investors, Mr. Uwaibi underscored Nigeria’s market potential, with over two hundred million people, and emphasized the pro-business stance of the current government. He assured the attendees of Edo state’s unwavering commitment to ensuring businesses thrive, pointing out the region’s distinction as home to Nigeria’s largest onshore gas reserves, ensuring reliable power supply.
Furthermore, Uwaibi committed to tailoring investment incentives to meet each investor’s unique needs, while assuring comprehensive support from ESIPO, from the initial setup phase through to full business operation. ESIPO’s aftercare services will diligently follow up to ensure the sustained success of these investments.
Emphasizing the availability of essential infrastructure and Edo state government’s readiness to provide land for investors, Kelvin Uwaibi’s participation in the FDI Leaders Network Meeting has further strengthened the partnership between ESIPO and Japanese investors, creating opportunities for fruitful collaborations that will benefit both parties.
This engagement exemplifies Edo state’s commitment to attracting foreign investment and fostering economic growth in the region while establishing Japan as a vital partner in this endeavour.