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50 investors indicate interest in Bayelsa

15 July 2013, 13:03

Yenagoa - The Director-General of the Bayelsa State Investment Promotion Agency (BIPA), Ruth Murray-Bruce, said on Sunday that no fewer than 50 investors had indicated interest to invest in the state.

Murray-Bruce told the News Agency of Nigeria (NAN) in Yenagoa that the investors included Nigerians and those from South Africa, Israel and Britain.

She said that the potential investors had sent delegations to the state at different times within the past one year.

The director-general said that the State Government had laid the foundation for industrial growth, through the provision and expansion of  infrastructure, like roads, electricity and water.

“Our agency was established about a year ago to underscore the commitment of Gov. Seriake Dickson to using investment to drive development of the state, and he is providing necessary infrastructure to make the state the preferred investment destination.

“Bayelsa is ready for business and from what is already on ground, we can confidently host anyone coming to invest here.”

Murray-Bruce described the agency as a one-stop shop for investors, offering various forms of assistance to remove difficulties that often frustrated investments.

She said that the State Government would continue to provide security and other incentives to make the state investment-friendly.

According to her, it is the desire of the government to ensure that the abundant natural resources in the state are harnessed to boost development and create employment opportunities.



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