The second tenure of Governor Udom Emmanuel will roll in 18 new heavy key projects to add up to the already existing 16 industries for the people of Akwa Ibom State and indeed Nigeria at large.
The Chairman Technical Committee on Foreign Direct Investments, Mr. Gabriel Ukpeh made this known recently, while appearing as studio guest on a Ministry of Information and Strategy – sponsored AKBC Live Radio programme – Update Akwa Ibom.
Ukpe said, the industries which will provide huge employment and job-creation opportunities to indigenes of the state are at different stages of work completion, disclosing that, Governor Udom Emmanuel is committed to the completion of the projects within the life-span of his administration.
Maintaining that, some of the 18 mega projects will be completed within the second quarter of 2019, the FDI Boss said, the Ibomair, one of the flagship projects in the second term completion agenda of Governor Udom Emmanuel will hit the skies on commercial flight by April 2019, next month while the St. Gabriel’s Coconut Oil Refinery will commence the production of Virgin Coconut oil by June 2019.
Other projects ongoing under the completion agenda include: a $60m investment Qua steel in Eket, 2 automobile plants by Israeli and Chinese investors, Maintenance, Repairs and Overhaul, MRO hangers, a $3bn Fertilizer manufacturing plant at Ikot Absi Ethanol plant in Ikot Abasi and LED factory for manufacturing low energy bulbs.
In addition are the 50,000 sq free trade zone at Ikot Abasi which will consist of logistics Jetty, petrochemical plant, Liquefied Natural Gas, LNG plant, among others, Modular refineries at Ibeno, Modern- day low Density housing estate along Oron road with complete amenities ranging from 1500sq-3000sq, Housing units for civil servants at Ikot Ada Idem in collaboration with APICO and the 21 Storey building office complex which is iconic and tallest in the Southern part of Nigeria.
Furthermore, in the catalogue of heavy key projects for the state include; Tyre manufacturing industry, Quail Petroleum, Uruan comprising of a Power plant, Jetty, Gas plant; a Chinese industrial Park as well as the Ibom Power phase 2, which will produce 500mega watt for utilization.
Ukpeh said, the amount of gas generated in Akwa Ibom state is enough to generate power for the whole country adding that, power is one of the major determining attractions for investors wishing to carry out business in the state.
Speaking on government investment in Agriculture, the FDI chairman said a committee on Agriculture and food sufficiency has been set-up in the state which has engaged with investors to open up rice plantations and mills, starch manufacturing and a lot more to ensure that every Akwa person has access to food and job-creation opportunities.
Emphasizing that, the engine of any economy is Small and medium scale Enterprises, (SMEs), Ukpe said Governor Emmanuel places priority on the building of young entrepreneurs as they stimulate economic growth of any society and urged the youths to seize the opportunity offered by the industries to become distributors or suppliers of goods.
He used the occasion to thank Akwa Ibom people for the mandate given to Governor Udom Emmanuel to lead the state for the next four years, reiterating that by 2023, Akwa Ibom will become a fully industrialized State.
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