In a strategic move to boost the ease of doing business and create a conducive business environment for its people and prospective investors, Abia State Government has announced the setting up of a committee to drive the process of drawing up and realizing its new industrial policy.
The Commissioner for Information, Prince Okey Kanu, said the industrial policy has become necessary, following the strategic and massive transformation of the state in all areas of governance and the institutional reforms that the state government has carried out in the past 31 months.
“Abia State Government believes that time has come for an industrial policy to be put in place, an industrial policy that will drive the industrial development of the State, as it were.
“The state government, through its Ease of Doing Business Agency, has done quite well to enhance the ease of doing business environment in the state.
“In the coming weeks, when the policy is ready, we will invite the public to sit through a session where it will be launched” Prince Kanu stated.
He explained that the new industrial policy, together with a very conducive ease of doing business environment, would help to attract investors and development to the State as well as market its potentials, while strengthening its comparative advantage in various areas of resource availability and management.
The Commissioner also revealed that government has initiated more plans for urban renewal of the state which are in line with the development plan of the State – 2025 to 2050, to be championed by the Umuahia Capital Development Authority (UCDA), Greater Aba Development Authority (GADA) and Greater Ohafia Development Authority (GODA).
According to the Commissioner, the initiative would be addressing infrastructure programme that is aimed at enhancing street naming, house numbering, and geo-reference to ensure order and all-round economic growth of the State.
