Anambra attracts $1.65bn investments as Oduah heads Anambra airport project

In keeping with his avowed commitment
to achieve increased investment inflow to
the state, Anambra State Governor, Chief
Willie Obiano, said the state has attracted
about $1.65 billion investment from
investors since March 17, 2014 when the
new administration was inaugurated.
These investments, he said, were
attracted to key areas covering
agriculture, hospitality and tourism
industry, power generation, trade and
commerce, among others.
Obiano, who addressed journalists on the
various programmes and achievements
as well as challenges facing his
government, also disclosed that he had
appointed former Aviation Minister, Prin­
cess Stella Oduah, as head of Anambra
State Airport Development Agency based
on her wealth of experience and track
record of turning around the country’s
aviation industry, noting that his
administration had distributed high-
yielding seedlings to farmers and en­
couraged the formation of cooperative
societies for easy access to farm inputs
and credits.
The governor stated that through the
Anambra State Investment Promotion
and Protection Agency
(ANSIPPA), investments had flowed in
from the Coched Farms $175 million,
Ekcel Farms Limited ($150 million) and
Grains and Silos Llimited ($11 million).
Others are Delfarm Limited and Songhai
Regional Centre from Benin Republic with
$200 million investment, West Africa
Inter-continental Trade Centre ($320
million) and Cardinal Developers and
Trust which took over the completion of
Anambra’s four-star luxury hotel in
Onitsha, among others.
He stated that the investment feat
recorded by his administration in a few
months in office was made possible by
well-deserved appointment of competent
professionals, especially in the areas of
financial investment and banking as
board members of the Anambra State
investment Promotion and Protection
Agency (ANSIPPA), led by Cyril Enweze,
traditional ruler of Umuoji and an accom­
plished professional of international
repute.
The governor pointed out that
consideration was being given to an idea
of expanding Onitsha Main Market to the
River Niger, stressing that four other
urban markets had been proposed for
urban settlements of the state.