Kaduna seeks sustenance of $2.6bn investments

As Kaduna gears up to host the sixth edition of the annual Kaduna Economic and Investment Summit (KADINVEST), the state government says it was working to consolidate the $2.6bn in investments it had attracted since 2016.

“Kaduna believes that private investment is the best vehicle for job creation, and it is eager to bring together the private sector, international development partners and development finance institutions to identify opportunities in the state and take the investment initiatives that create growth,’’ Umma Aboki, the Executive Secretary of Kaduna Investment Promotion Agency (KADIPA), has said.

She disclosed this at a pre-event press briefing on Wednesday in Kaduna, adding that the summit had been slated for Sept. 23 to 24 under the theme, ”Towards a sustainable knowledge-based economy”.

Aboki said the short term goal of the summit was to “deliver on job creation, inclusive economic growth, socio-economic transformation and improvement in the quality of life, through higher productivity and competitiveness. ‘’

The summit’s long–term goal, on the other hand, include: ‘’investment in public-private partnerships, agro-allied industries, railways, road transport, hospitality and retail”, she added.

The Executive Secretary disclosed that this year’s event ‘’ will again showcase and promote Kaduna State to domestic and international spectators, as a major investment destination in Africa, including the state’s tourist attractions.’’

She disclosed that Vice President Yemi Osinbajo would be the Special Guest at the event, while two distinguished personalities, Prof. Celestin Monga, a visiting professor of Public Policy at Harvard’s Kennedy School of Government, and the President of the African Export-Import Bank, Dr Benedict Okey Oramah, would be the summit’s keynote speakers.


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