Enugu state Governor, Barr. Peter Mbah is set to unveil a remarkable ₦1.6 trillion ($2.1 billion) project pipeline comprising 30 projects during the inaugural Enugu State Investment and Economic Growth Stakeholder Roundtable, scheduled for Friday, September 1. The event will also witness the launch of the Enugu State Integrated Sector-Based Productivity Growth Strategy.
The Secretary of the State Government, Prof. Chidiebere Onyia, disclosed this in a statement released in Enugu on Monday. This investment roundtable event will gather senior executives from notable institutions, including the World Bank Group, the African Development Bank Group, and more, to discuss strategies for leveraging private capital to drive infrastructure projects.
The project pipeline spans diverse sectors such as transportation, healthcare infrastructure, energy, power, and agro-allied industrialization, with the aim of unlocking the economic potential of Enugu State and South-Eastern Nigeria.
The roundtable discussions will tackle barriers to investment and economic growth in Enugu State, enhance investor confidence, and identify partnership opportunities for co-investments. The Integrated Sector-Based Productivity Growth Strategy will focus on supporting sectors with high growth potential, reducing regulation, and fostering innovation.
Governor Mbah's vision is to elevate the Enugu State economy from $4.4 billion to an impressive $30 billion. The investment roundtable marks the initial step toward generating interest and establishing a path to financial viability for these critical projects, as the state endeavors to create a conducive environment for private sector participation and the necessary financing.
With the unveiling of this substantial project pipeline, Enugu State is taking significant strides toward accelerating economic growth, fostering partnerships, and catalyzing the realization of vital public infrastructure services.
.....Stay tuned for further updates as Enugu State embarks on this exciting journey of economic transformation and development.
