The Edo State Investment Promotion Office’s chairman, Kelvin Uwaibi, stated that the organization’s strategic goal in attending the 27th World Investment Conference in New Delhi, India, is to address social and economic issues that will have an impact on investment inflows, particularly in emerging economies like Nigeria.
According to The PUNCH, Uwaibi added that ESIPO participated in a variety of events, such as intense technical sessions and strategic networking sessions aimed at enhancing investment prospects in Edo State.
He also expressed gratitude to the European Union and the United Nations Development Program for their support.
“ESIPO’s primary goals were to learn from international counterparts, comprehend changing trends in direct foreign investments, and improve investment opportunities for Edo State,” he stated.
“The team actively engaged in specialized technical sessions led by industry experts, delving deeply into strategies for unlocking potential in climate-focused FDI, refining investor engagement approaches, and mobilizing institutional investments.”
Uwaibi emphasized the importance of the technical sessions, which provided insights from global development experts and debates on bridging FDI barriers, using technology for investments, and supporting climate-conscious initiatives.
“ESIPO actively contributed to dialogues advocating for transparent investment policies, technology-driven growth, and innovative approaches aligned with SDGs,” he said.
Meetings with various enterprises and startups were held as part of ESIPO’s engagements, with the goal of encouraging future collaborations and exploring investment prospects in Edo State.
“Crucial discussions with Invest India, Business France, and the General Authority for Investment and Free Zones paved the way for potential collaborations and investment facilitation, ensuring a robust investment landscape.”
He highlighted Edo State’s commitment to embracing EU investors, with the goal of making it the preferred cosmopolitan location by 2030.
“Edo State has made progress in establishing an ecosystem conducive to investors and digital nomads, fostering an environment for living, working, and flourishing,” he said.
“ESIPO’s active engagement and fruitful interactions at the WIC underscored the government’s commitment to attracting strategic investments, fostering economic growth, and aligning with global investment trends.”
