Edo Investment Office Commends EU, UNDP for Support

Adibe Emenyonu in Benin City

The Managing Director, Edo State Investment Promotion office (ESIPO), Mr. Kelvin Uwaibi, has expressed gratitude to the European Union and the Inter Nations Development Programme (UNDP) partnership for their unwavering support for the state.
Uwaibi emphasised Edo state’s commitment to welcoming EU investors, envisioning it as the preferred cosmopolitan destination by 2030.
Uwaibi stated this on the sidelines of the just concluded 27th World Investment Conference (WIC) in New Delhi, India.
In a statement in Benin City, the ESIPO boss, said: “Edo state has made gains in establishing an ecosystem conducive for investors and digital nomads, fostering an environment for living, working, and flourishing.

“ESIPO’s active engagement and fruitful interactions at the 27th WIC underscored the government’s commitment to attracting strategic investments, fostering economic growth, and aligning with global investment trends.
“As ESIPO continues its journey, the focus remains steadfast on positioning Edo state as an investment haven and a hub for sustainable growth and development, propelled by fruitful collaborations and strategic initiatives.”
Uwaibi also noted that ESIPO’s participation at the conference was strategically aimed at addressing economic and social challenges impacting investment inflows, specifically in emerging economies like Nigeria.

He pointed out that throughout the event, ESIPO engaged in diverse activities, including intensive technical sessions, and strategic networking sessions focused on bolstering investment prospects in Edo state.
He said ESIPO’s core objectives revolved around learning from global peers, understanding evolving FDI trends, and enhancing investment prospects for Edo state.

“The team actively participated in specialised technical sessions led by industry experts, diving deep into strategies for unlocking potential in climate-focused, refining investor engagement approaches, and mobilising institutional investments.
“The technical sessions were instrumental, offering insights from global development leaders and discussions on bridging gaps, leveraging technology for investments, and promoting climate-conscious initiatives,” Uwaibi stated.