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Bayelsa hosts first investment forum

26 May 2014, 09:49

Abuja - Bayelsa State is to host its first Investment and Economic Forum (BSIEF) in Yenagoa the state capital.

The event is scheduled for July 16 to 18.

Freda Murray-Bruce, Director General of Bayelsa State Investment Promotion Agency (BIPA), said the forum, with the theme, “Unlocking Bayelsa State’s Economic Potentials: Opportunities and Challenges” will focus on wealth creation, sustainable business growth and success within the West African sub-region.

She said to demonstrate its commitment and the importance attached to the forum, the state Government would create an official website and email account for easy flow of information.

“We are very serious and committed to this programme and as a Government, we have decided to create an official website and email accounts for easy communication and dissemination of all relevant information about the forum,” he said.

She added that Bayelsa State Investment Economic Forum intended to serve as a platform for Bayelsans, Nigerians and the world at large to convene, discuss and collaborate towards building the economy of the State as well contribute to the growth of the Nation’s economy.

She described the forum as most timely and relevant to the ideals and philosophy of the Restoration Government in Bayelsa State.

The Director General of Bayelsa State Investment Promotion Agency (BIPA) stressed that, the agency was committed to ensuring that, the state overcomes those challenges that had impeded the growth of indigenous businesses as well as create a sustainable economic climate for indigenes and Nigerians to make the desired progress.

Murray-Bruce used the opportunity to outline some of the investment potentials of the State to include its rich landmark that offers vast economic opportunities in fish-farming, rice-production, cassava, sugar cane, cocoa, salt mines and others, that are vital for sustainable economic growth.

She said the state was currently intensifying its efforts at becoming a major player in the thriving oil and gas industry, adding that, government was equally taking relevant steps to tap its clay, salt, sand, gravel, lead, zinc deposits that are also abound in the state.

She said the lineup of activities for the forum includes interactive sessions, through conferences and workshops as well as a gala and dinner reception.

– CAJ News

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