Why we woo investors with incentives, by Nnamani
January 14, 2006
The Governor of Enugu State, Chimaroke Nnamani, has said that his government will continue to encourage the active participation of the private sector for accelerated socioeconomic development of the state.

Governor Nnamani, who gave the promise while commissioning a fast food center, Crunches, in Enugu, described the private sector as indispensable in the rapid growth of any economy.

The Governor also promised a package of incentives to genuine investors ready to establish their businesses in any part of the state.

According to the Governor, already, a substantial amount had been appropriated to that sector in this year’s budget while industrial layouts are being developed for the private sector in the state.

The State Chief Executive disclosed that some social amenities like good network of roads, regular water supply, rural electrification and adequate security had been provided in the state to the advantage of investors and the well-being of the people.

He described the relationship between the private sector and his government as very cordial, pointing out that the increasing rate of business activities in the State was an indication that all is well and that the state is investors friendly.

The Governor stated that the dualization of Chime Avenue and the Rangers Avenue at Independence layout would add more beauty to the state and further promote other business activities in the state.

Earlier in his speech, the Managing Director of the company, Mr. Peter Ejiogu, said that the decision to open up business in Enugu derived from a very conducive business environment provided by the Nnamani administration in the state.

Mr. Ejiogu stated that the establishment of the fast food center was his modest contribution to the fast growing economy of Enugu State and called for both private and government patronage of the center.

He expressed gratitude to government and people of Enugu State for their patronage, invaluable cooperation and acceptance, adding that they were poised to make positive contributions to the socio-economic life of the state.

Mr. Ejiogu said that apart from out-door services, the company had a hall that could seat over 100 people, children's park, and other recreational facilities.


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