IKPEAZU TELLS AFREXIM BANK CHIEF IN EGYPT
Governor Okezie Ikpeazu says that his administration will continue to vigorously pursue strategic collaborations for the development of the State.
The Governor stated this at a meeting with the Managing Director, Intra African Trade Unit of AFREXIM BANK, Dr. Kanayo Awani, at the Bank Headquarters in Cairo, Egypt.
Governor Ikpeazu was at the Bank to follow up on the Geometric Power Project which has reached advanced stages following the involvement of the Bank. Ikpeazu also used the opportunity to discuss in detail with the Bank Chief, the outlay and prospects of the Enyimba Economic City as well as infrastructure projects in the state.
In the words of the Governor, ” We are not unaware of the role continental financial institutions such as the AFREXIM Bank plays in the development of the economies of African countries. We are fully aware of the key roles played by strategic collaborations between countries, federating units of countries on the one hand, and financial institutions such as yours. Our people are eager for development and our government will explore fully the opportunities available from such collaborations for the development of our state”
“Abia State, Ikpeazu continues, has great potential for growth and development especially in the areas of SMEs. Opportunities exist for great partnerships between our state and institutions such as the AFREXIM Bank, and we look forward to working together on so many fronts”.
The Managing Director of AFREXIM’s INTRA AFRICAN TRADE UNIT, Dr. Kanayo Awani assured the Governor of the readiness of the Bank to partner with his administration for the development of the State. The Bank is currently deeply involved in the financing of the Geometric Power Project because it believes in the potentials of the state.