Sustaining investment through infrastructure revamp

Cross River State in Nigeria is stepping up its efforts to attract investors by revamping key infrastructure. Deputy Governor Peter Odey revealed in an interview with CNBC Africa that the government has already begun fixing crucial infrastructure as part of its commitment to promoting sustainable investment. Odey expressed satisfaction with the ongoing engagement with investors, emphasizing its positive impact on the state's business environment. He highlighted the importance of providing an enabling environment for businesses, ensuring security, and instilling trust in potential investors. The state government's proactive approach to infrastructure development aims to enhance the investment climate and bolster economic growth. The summit held in Cross River State brought together private and public investors who expressed readiness to inject capital into various sectors such as agriculture, transportation, and tourism. Odey stressed the significance of reinvigorating infrastructure projects in these areas to attract more investments. He underscored the state's commitment to fast-tracking the implementation of policies and revitalizing existing infrastructures to create a conducive environment for business activities. One of the key priorities for the government is to restore Tinapa, a prominent business and leisure resort that has been inactive for some time. Odey mentioned ongoing discussions with AMCON to streamline operations at Tinapa and facilitate a seamless transition for businesses. Additionally, efforts are underway to repair damaged infrastructure, including roads and facilities, to demonstrate Cross River State's readiness for investment opportunities. The state's revitalization initiatives extend beyond physical infrastructure to encompass regulatory and security frameworks that support sustainable business operations. By fostering partnerships with local and international investors, Cross River State aims to position itself as a preferred destination for business ventures. Odey's assurance of a business-friendly environment and the government's proactive stance on infrastructure development signal a new era of growth and prosperity for the state. In conclusion, Cross River State's emphasis on infrastructure revamp as a catalyst for sustainable investment underscores its commitment to fostering economic development and attracting capital. The collaborative efforts with private sector stakeholders and the resolve to restore key projects like Tinapa reflect a vision for long-term growth and prosperity. As the state continues to implement strategic measures to enhance its business landscape, investors can look forward to a conducive and secure environment for conducting business. The ongoing transformation in Cross River State sets the stage for a thriving investment ecosystem that benefits the state and its partners.