Anambra: Coscharis Chairman calls for strategic meetings with private investors

Anambra State is on a path to becoming an industrial hub, according to Coscharis Group Chairman Cosmas Maduka. Speaking at the second Anambra Investment Summit in Awka, Maduka commended the state government's efforts and called for strategic meetings with private investors to further boost investment opportunities. Maduka expressed confidence in Governor Willie Obiano's leadership, highlighting the practical approach to economic development demonstrated by the former central bank governor. "Investment capital doesn't have a face," Maduka emphasized, stressing the importance of creating a conducive environment to attract investment. He praised the state government's initiatives in addressing crucial factors such as security, infrastructure, and power supply, essential for attracting long-term investors. Maduka highlighted the potential for Anambra State to emerge as a model for economic growth and urged both residents and non-residents to seize the opportunities available in the state's burgeoning economy. His remarks underscored the state's favorable business climate, poised to yield significant returns for proactive investors. Maduka identified the agricultural sector as particularly promising, citing the state's potential to contribute substantially to Nigeria's growing economy. With projections predicting Nigeria's population to reach half a billion by 2050, investing in Anambra State could offer investors substantial returns on their investments. Maduka's vision for the state included the development of a seaport along the Niger River, a move that could potentially elevate land prices in Anambra above those in Lagos. The call for collaboration with private investors and the mobilization of resources within and outside the state emphasized the collective effort required to transform Anambra State into an economic powerhouse.