ASABA/Nigeria: Having overcome some of the major impediments against the commencement of proposed investments, the Delta State Government has assured that, in the next few months, multiple economic investments
would take off in the state.
The Executive Assistant to the state Governor on Investment and Promotions, Mr. Paul Nma gave the assurance in a recent interview in Asaba assured that in the next few weeks, the construction of the proposed modular refinery billed to be sited in Kwale, Ndokwa West Local Government Area of the state, would commence.
He also revealed that plans have reached an advanced stage for the commencement of work at the proposed Umunede Rest Park, Umunede in Ika North-East Local Government Area of the state, as well as the expansion of Ogbeogonogo Modern Market in Asaba.
The EA said that while the state government has been able to overcome some of the challenges impeding the earlier take-off of the projects, the various investors on the projects which, he said, cut across local and foreign direct stakeholders, will soon mobilise to site.
He listed some of the earlier challenges to include communal disagreements on land ownership and acquisition as well as administrative bottlenecks, among others.
His words, “I want to assure you that the administration of Senator Ifeanyi Okowa is committed to its promise of enhancing accelerated industrialisation through multiple investments. One of those investments is the establishment of modular refinery which will be sited in Kwale.
“The modular refinery project is currently at the licensing stage by the Department of Petroleum Resources (DPR), just as we are also going through land acquisition for the project.
“Again, the Umunede Rest Park in Umunede, Ika North -East Local Government Area of the state is still another Resources (DPR), just as we are also going through land acquisition for the project.
“Again, the Umunede Rest Park in Umunede, Ika North -East Local Government Area of the state is still another project that will commence soon. That project ought to have attained 80 per cent completion. We signed a Memorandum of Understanding (MoU) with the investor who thereafter, mobilised to site.
“Well, the good news is that the land conflict issue has since been resolved and, as I speak with you, the foreign investors are already in the country and in the next couple of weeks, they will mobilise to site.
“Also, the state government has signed an MoU with a local investor for the expansion of Ogbeogonogo Modern Market and that project will commence in the next three weeks,” Nma stated.
