Delta Investments Dev. Agency Gunning For More Investments


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The Chairman, Delta State Investments Development Agency (DIDA), Mr Paul Nmah, says the agency will continue to attract more Foreign Direct Investments (FDIs) as well as Domestic Direct Investments to the state.



Nmah gave the assurance when he led the management team of the agency to the site of the recently-demolished Abraka market in Asaba, Oshimili South Local Government Area of the state on Tuesday.


He recalled that Gov. Ifeanyi Okowa, immediately after inspecting this site, directed that DIDA should facilitate the best suitable investment for the place.


“It is on the strength of this directive that we have come here to assess the site with a view to ascertaining its viability and marketability.


“Delta State is an investment hub in Nigeria where many investors are jostling to come to invest.


”The state is blessed with both human and natural resources which have made it the preferred investors’ haven,” he said.


Nmah noted that already numerous investors had started indicating interest, saying that DIDA would collate proposals that would be received and due diligence conducted.


“In DIDA, once investment proposals are received we would have to interface with the investors and conduct due diligence on their claims.



”This will enable us to have a grasp of their technical and financial capabilities and thereafter advise the governor appropriately,” he said.



Nmah further said that DIDA was currently championing the drive for investments away from oil.



He said that the current pandemic currently ravaging the world had in a way structured the world economy to focus on some sectors.



”We have taken cognisance of so many yardsticks and this will guide us in the aspect of taking an informed decision on the most suitable investments that will suit the site.



“Therefore, considerations have been made to drive investments that will cater for the well-being of the people of the state,” he added. (NAN)



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