In a significant development for Edo State, the state governor, Godwin Obaseki, has approved the creation of the Esan Enterprise Park, a 400-hectare industrial layout aimed at bolstering the state’s industrial capacity.
The new park is part of an ongoing initiative to develop industrial parks and business clusters across the state, according to the Managing Director of the Edo State Investment Promotion Office, Kelvin Uwaibi.
Currently, Edo State boasts two active industrial parks, and there are plans for further expansion to meet investor interest in Edo Central and Edo North. For instance, efforts are underway to establish a mechanic village in Auchi, demonstrating the proactive approach of local government officials to attract investments.
The state’s commitment to fostering business growth is evident in its thorough approach to signing Memorandums of Understanding (MoUs). A notable success story is the MoU signed two years ago with a development partner, which has since led to a €3 million investment in the state’s agricultural sector.
The Esan Enterprise Park project, Uwaibi said, will be driven primarily by private sector initiatives. The state is currently inviting investment proposals and seeking profiles of industrious individuals from Edo State’s private sector to serve on the advisory board, he said.
He encouraged interested parties to submit their profiles to [email protected], adding that this strategic move aims to harness the expertise and resources of Edo’s sons and daughters, as well as friends of the state, to ensure the park’s success.
He said the Esan Enterprise Park stands as a testament to Governor Obaseki’s vision and expertise, offering a promising future for industrial development in Edo State.
