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Edo State Investment Promotion Office (ESIPO) said that its participation at the EU-UNDP conference was strategically aimed at addressing economic and social challenges impacting investment inflows, specifically in emerging economies like Nigeria.

Speaking during the conference with theme “Empowering Investors: IPAs Pioneering Future Growth,” Kelvin Uwaibi, Managing Director of ESIPO, expressed gratitude to the EU-UNDP partnership for their unwavering support.

He emphasized Edo State’s commitment to welcoming EU investors, envisioning it as the preferred cosmopolitan destination by 2030.

“Edo State has made gains in establishing an ecosystem conducive for investors and digital nomads, fostering an environment for living, working, and flourishing,” Uwaibi said on the sidelines of the conference.

Uwaibi noted that 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.

“The conference was a pivotal platform for global investment discussions. ESIPO’s participation at the conference was strategically aimed at addressing economic and social challenges impacting investment inflows, specifically in emerging economies like Nigeria. 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 added that ESIPO’s core objectives revolved around learning from global peers, understanding evolving FDI trends, and enhancing investment prospects for Edo State.

“Participation in WAIPA’s Start-Up Capital Connects showcased the potential of startups in Edo State, highlighting the region’s attractiveness in available energy, internet connectivity and enablng business environment to prospective investors,” Uwaibi added.

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