PORT HARCOURT—THE government and organised private sector in Rivers State have pledged to produce the enabling environment for the over 10 visiting French investment groups, exploring expansionist business opportunities in the state.
At a session to acquaint some French businessmen with prospective Nigerian partners and target clients in Port Harcourt, Rivers State House of Assembly and Port Harcourt Chamber of Commerce, Industry, Mines and Agriculture, PHACCIMA, jointly guaranteed a safe business environment, while pledging to take necessary steps to secure investor’s stakes in the state.
Deputy Speaker of the state Assembly, Mr. Leyii Kwanee, who spoke for government said through proactive legislations, provision of basic infrastructure, harmonious executive/legislature relationship and sustained commitment to peace and security, Rivers has become investors’ destination of choice.
Government’s overall efforts at building investor’s confidence, Kwanee noted, are manifested in ongoing legislative debates to harmonise taxes and reduce multiple taxation on businesses in the state, expansion of energy project towards achieving steady power supply and increased investment in security, among others.
“I am delighted this forum assembled top executives of major French companies also are in the state looking at investment possibilities in the state. This lends credence to the conducive investment environment being fashioned out by the Governor Rotimi Amaechi’s administration. Be rest assured that the government will encourage you,” Kwanee told the French business tourists.
Engr. Emeka Nnachukwu, President of PHACCIMA, while giving the private sector perspective, said the wealth of natural resources, availability of labour, and cohesion of the local business community through the Port Harcourt Chambers, added to the government efforts, make Rivers the most investment friendly economy in Nigeria.
Nnachukwu, however, cautioned the visitors that “To take full advantage of the Rivers enabling environment, you must not act alone. You must be guided by the organised private sector, if not through the chambers, then certainly through a qualified agent. And you must honour the Nigerian Content Act. Otherwise you are bound to fail.”
At a session to acquaint some French businessmen with prospective Nigerian partners and target clients in Port Harcourt, Rivers State House of Assembly and Port Harcourt Chamber of Commerce, Industry, Mines and Agriculture, PHACCIMA, jointly guaranteed a safe business environment, while pledging to take necessary steps to secure investor’s stakes in the state.
Deputy Speaker of the state Assembly, Mr. Leyii Kwanee, who spoke for government said through proactive legislations, provision of basic infrastructure, harmonious executive/legislature relationship and sustained commitment to peace and security, Rivers has become investors’ destination of choice.
Government’s overall efforts at building investor’s confidence, Kwanee noted, are manifested in ongoing legislative debates to harmonise taxes and reduce multiple taxation on businesses in the state, expansion of energy project towards achieving steady power supply and increased investment in security, among others.
“I am delighted this forum assembled top executives of major French companies also are in the state looking at investment possibilities in the state. This lends credence to the conducive investment environment being fashioned out by the Governor Rotimi Amaechi’s administration. Be rest assured that the government will encourage you,” Kwanee told the French business tourists.
Engr. Emeka Nnachukwu, President of PHACCIMA, while giving the private sector perspective, said the wealth of natural resources, availability of labour, and cohesion of the local business community through the Port Harcourt Chambers, added to the government efforts, make Rivers the most investment friendly economy in Nigeria.
Nnachukwu, however, cautioned the visitors that “To take full advantage of the Rivers enabling environment, you must not act alone. You must be guided by the organised private sector, if not through the chambers, then certainly through a qualified agent. And you must honour the Nigerian Content Act. Otherwise you are bound to fail.”
No comments:
Post a Comment