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Bayelsa courts foreign investors in Ethiopia

03 December 2013, 09:41Augustine Osayande

Abuja - The Bayelsa State Governor, Seriake Dickson, is showcasing the state’s investment potential in the ongoing African High - Growth Markets in Ethiopia.

The event is ongoing in Addis Ababa.

Dickson expressed the readiness of his administration to partner with foreign investors in tourism, maritime, agriculture, energy and infrastructure sectors.

He disclosed that his administration would like to collaborate with long term foreign investors rather than portfolio investors.

The Governor said his administration had put in place an enabling environment at ensuring the success of investments in the State.

“We want investors that are willing to take advantage of emerging opportunities in Bayelsa state. We want long term investors to partner with the State. Most of the big ticket projects that we talked about, that my Government is passionate about are really long term in nature, especially the development of the Airport and the Agge deep seaport. These are long term investments. Also the Government is looking at investments in big time aquaculture, rice plantation and these are all capital intensive projects,” said Dickson.

“The perfect investor that we will like to see in Bayelsa is an investor that is prepared to take advantage of emerging opportunities and somebody who is willing to come into new frontiers and be part of exploration and not a conventional investor who wants to come in when every other investor has already taken the position. Investors can come and position themselves in Bayelsa. Work with us to build the new Dubai.”

The Economist is organizing the 2013 African High- Growth Markets.

Notable political and economic leaders are attending the event.

– CAJ News


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