EU-UNDP Support Pivotal to ESIPO’s Success at the 27th World Investment Conference, Says Uwaibi

Adibe Emenyonu in Benin-city

The Managing Director, Edo State Investment Promotion Office (ESIPO), Mr. Kelvin Uwaibi, has expressed heartfelt gratitude to the EU-UNDP partnership for its unwavering support to the state.

He emphasised state’s commitment to welcoming EU investors, envisioning it as the preferred cosmopolitan destination for investment by 2030.

Uwaibi stated this on the sidelines of the just concluded 27th World Investment Conference (WIC) in New Delhi, India.

In a statement issued 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.”

 This Uwaibi believes can be achieved with the robust support provided by the EU and UNDP.

The conference with the theme: ‘Empowering Investors: IPAs Pioneering Future Growth’, was a pivotal platform for global investment discussions.

Uwaibi also noted that ESIPO participation at the conference was strategically aimed at addressing economic and social challenges impacting investment inflows, specifically in emerging economies like Nigeria, pointing 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.

Uwaibi added: “The team actively participated in specialised technical sessions led by industry experts, diving deep into strategies for unlocking potential in climate-focused FDI, refining investor engagement approaches, and mobilising institutional investments.

“The technical sessions were instrumental, offering insights from global development leaders and discussions on bridging FDI gaps, leveraging technology for investments, and promoting climate-conscious initiatives.

“ESIPO actively contributed to dialogues advocating transparent investment policies, technology-driven growth, and innovative approaches aligned with Sustainable Development Goals (SDGs).”