March 17, (THEWILL)- Imo State Governor, Hope Uzodimma, has met with the President of African Export-Import Bank (Afreximbank), Prof Benedict Oramah, in Cairo, Egypt where the duo discussed in detail the investment opportunities in Imo State.
During his inauguration for a second term in office early this year, Governor Uzodimma assured that he would intensify efforts at exploring avenues that would make the abundant human and natural resources in Imo State exploitable.
The governor is passionate about turning the huge arable land, gas deposits and other abundant natural resources in Imo into sources of revenue generation for the state and employment opportunities for unemployed youths.
An excited Governor Uzodimma is not only confident that the meeting was fruitful and will yield the desired results but also expressed joy that the state would be better off based on the matters under discussion with Oramah.
Taking to his social media platform on Friday, Governor Uzodimma said: “I am delighted to share an exciting development as I seized an opportunity in Cairo to meet with our esteemed brother, Prof. Benedict Okey Oramah, President of Afreximbank.
“We explored potential partnership terms aimed at catalysing investments in our State’s economy and I am thrilled to announce that our efforts have borne fruit, as we have made significant strides in advancing discussions for potential investments totalling up to USD 1.5 billion.
“This collaboration holds immense promise for the prosperity and growth of our beloved State as we continue to work diligently towards realising our shared vision of a thriving and vibrant economy.”
During Governor Uzodimma’s first term, he attracted a lot of funds from development partners, taking advantage of his private sector background and desire to turn the economic fortunes of Imo State around.
As an avid advocate of government of inclusiveness and shared prosperity, Governor Uzodimma believed that government’s recourse to Public Private Partnership (PPP) will quicken the pace of economic recovery of Imo State with the concomitant growth and development effects across sectors.
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