Rivers State open for investment
TradeInvestSA Staff
Posted on: Wed, 02 Jan 2008
Following months of turmoil that led to the shutdown of many businesses in Rivers State, the state governor, Chief Rotimi Amaechi has said the situation in the area is once again suitable for business and investment.
Two corporate bodies already signed Memoranda of Understanding (MoU) with the state government for the construction of a housing project and a business and entertainment centre in Port Harcourt.
TradeInvestSA Staff
Posted on: Wed, 02 Jan 2008
Following months of turmoil that led to the shutdown of many businesses in Rivers State, the state governor, Chief Rotimi Amaechi has said the situation in the area is once again suitable for business and investment.
Two corporate bodies already signed Memoranda of Understanding (MoU) with the state government for the construction of a housing project and a business and entertainment centre in Port Harcourt.
Amaechi said his administration's policy is to engage in private-public-partnership arrangements where the government would create an enabling environment and allow private businesses to operate efficiently.
According to the governor, the state government is already talking to many interested parties who are keen to invest in the proposed energy city near Onne, and the greater Port Harcourt area. The construction of a Port Harcourt Ring Road is another project that currently requires investment.
He also called on companies who left the state because of the unrest to return.
