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Maiden Investment Summit to Project Benue as Economic Hub in North Central – Addingi

The Special Adviser to the Governor of Benue State on International Investments, Sir Alex Addingi, has announced preparations for the 2024 Benue International Investment Summit (BIIS), scheduled for the second quarter of the year.

The summit aims to position Benue State as a pivotal economic hub in North Central Nigeria, focusing on various development pillars outlined by the Governor Alia-led government.Sir Addingi, also the Vice Chairman of the Local Organising Committee (LOC) of BIIS, emphasized the significance of the event in attracting both local and international investors, industry experts, and stakeholders.

The inaugural LOC meeting took place last week with the State Deputy Governor, Barr. Samuel Ode, who is also the Chairman of BIIS, in attendance.Speaking to reporters, Sir Addingi explained, “The Summit would serve as a platform to project Benue State as a North Central Nigeria strategic hub for economic development to investors.

The overarching goal is to set in motion collaborative partnerships and possibly create hubs in the state.”He highlighted that BIIS goes beyond discussions and is a call to action, envisioning the birth of an ‘economic city’ that attracts foreign direct investment and nurtures a vibrant ecosystem for local businesses.

The Summit aims to capitalize on the unique resources, skilled workforce, and untapped opportunities in Benue State.Drawing inspiration from the seven pillars of the Rev Fr Hyacinth Alia-led Government of Benue State, BIIS focuses on functional education, employment generation, agricultural development, and growth with a particular emphasis on food production and processing.

Sir Addingi revealed that his office has been in contact with numerous investors already expressing interest in the Summit.

The Deputy Governor, Barr. Sam Ode, emphasized that BIIS would give rise to the “Benue Economic City (BEC),” a highly commercialized city with mixed development projects.

BEC is envisioned to have various commercial properties, including industrial parks, mega malls, cinemas, film studios, a mini health city, a world-class entertainment center, restaurants, hotels, banks, Diaspora estate, International conference center, luxury apartments, a golf course, and a mini sports center. Additionally, the project promises dedicated independent power supply, portable water, high-speed internet, high-tech security, and emergency services.

The 2024 BIIS, fueled by the vision of economic development and prosperity, is poised to be a transformative event for Benue State and its potential investors.

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