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The Nigeria Export Processing Zones Authority (NEPZA) has urged the American Business Council, the US Chamber of Commerce, the Africa–US Chamber of Commerce, and different improvement partners, to research the unlimited concern opportunities provided by the Special Economic Zones crossed Nigeria.
Managing Director of NEPZA, Dr Olufemi Ogunyemi, made the telephone successful his lecture titled: ‘Free Zones and Industrial Competitiveness: Catalysing Investment Through Regulatory Innovation’, astatine the sidelines of the ongoing 80th United Nations General Assembly (UNGA) connected Thursday successful New York.
According to a connection by the manager of connection of NEPZA, Martins Odeh, Ogunyemi stated that the broadside event, themed “Ease of Doing Business successful Nigeria: A New Era of Economic Opportunities,” was a captious abstraction to lucifer argumentation enactment with backstage capital.
The NEPZA brag explained that Nigeria’s Free Zones were not simply parcels of land, but applicable concern enclaves for concern upgrading and platforms for credible, regionally scalable investments.
“We are, therefore, asking U.S. investors and institutions to undertake tract visits to Lagos Free Zone, Lekki Free Zone, Abuja Industrial Park Free Zone (AIPFZ), and different Nigerian zones to spot infrastructure and anchor tenants operating.
“We are seeking concern for anchor projects that would alteration into Small and Medium Enterprises’ mill shells, creating jobs and promoting section procurement content.
“We besides invitation investors to enactment successful co-financing shared infrastructure that enables hundreds of tenant investments and to enactment the scaling up of accumulation for exports,’’ Dr Ogunyemi said.
Dr. Ogunyemi reaffirmed the readiness of NEPZA and its partners to enactment owed diligence, supply regulatory clarity, and facilitate the needed operation for investors who were acceptable to determination from dialog to signed commitments.
The NEPZA Chief Executive Officer further explained that the country’s foremost Free Trade Zones regulator had dutifully applied immoderate of the world’s champion mechanisms to rise the concern competitiveness of the zones.
“So far, the strategy has continually raised competitiveness done 4 linked mechanisms which include: World-class Infrastructure, Regulatory Predictability, Cluster Effects, and Market Access for our operators and investors,’’ helium said.
Dr. Ogunyemi reiterated that the Federal Government of Nigeria, done NEPZA, would proceed to prioritise backstage superior gathering infrastructure presently rooted successful some the Private and Public Partnership Programmes (PPP) zones, adding that these were the main engines of the accelerated translation of the strategy successful Nigeria.
He besides encouraged the prospective investors to see the immense size of the Nigerian marketplace arsenic a level for some determination maturation and planetary exports.
In a related development, Dr. Ogunyemi thanked the Presidency for including NEPZA successful the UNGA’s delegation, expressing delight to the enactment of the Presidential Enabling Business Environment Council (PEBEC) for allowing the Authority to utilise the level to pull US investors to the free zones.
English (US) ·