10 November 2020 By Mathew Ayoola
The Managing Director of the Nigeria Export Processing Zones Authority, NEPZA, Prof. Adesoji Adesugba has called on the Ebonyi State Government to take proactive steps towards the provision of state-of-the-art infrastructure for the proposed Special Economic Zone SEZ, in the State.
Prof. Adesugba made the call in Abakaliki while receiving
the Certificate of Occupancy, from Governor David Umahi as part of requirements to operate SEZ in the State.
Prof. Adesugba, who expressed delight on the zeal shown by the State to host the zone, explained that the Authority would however, not compromise on the infrastructure requirement of the zone.
Infrastructure is key in a free trade zone because such a business enclave would not function optimally without good road network, steady power, water and other state-of-the-art facilities that would be needed by enterprises and investors. It is with this in mind that I urge the Ebonyi State Government to ensure a seamless provision of both outside and inside infrastructure for the zone.
“This world class infrastructure when developed would attract investors and industries speedily to the zone thereby opening the horizon for ease of doing business and industrialization of the State’, the NEPZA boss said.
Prof. Adesugba reiterated the Authority’s readiness to execute President Muhammadu Buhari’s mandate of industrializing the Country using the Free Zone concept.
He stated that the Agency was assiduously working towards developing the other five Special Economic Zones in Benue, Lagos, Gombe, Kwara and Funtua in Katsina State.
On his part, the Governor represented by his Deputy, Doctor Kelechi Igwe said the State was committed to the success of the project, noting that only a collaborative effort between the State, Federal Government and the private sector would lead to the success of the project.
explained that the free trade zone concept managed by NEPZA on behalf of the Federal Government had the capacity to open up the Country for genuine business opportunities, saying that the state was lucky to be part of the initiative.
This Special Economic Zone when operational will stimulate economic activities in the State, it will engender development, create job opportunities for our teeming youth population and fast track ease of doing business. Ebonyi will play its part to ensure speedy reaslisation of the project. We can only urge the Federal Government not to slow down its commitment to the takeoff of this laudable project’’, Umahi said.