Imo State Governor, Hope Uzodimma, has described the state as ready for both local and foreign investors, highlighting reforms aimed at improving infrastructure, security and the ease of doing business.
According to a report by Channels Television, Uzodimma made the remarks while speaking at the third edition of Invest Lagos 3.0 themed “Lagos: The Business Gateway to Africa” held in Lagos on Monday.
He said his administration has moved away from government-controlled enterprises and is now focused on private sector-led growth, positioning the state as an emerging investment destination.
The governor stated that Imo had undergone significant reforms since 2020, including improvements in road infrastructure, power sector restructuring through public-private partnerships, digitised land administration and tax harmonisation.
Uzodimma also claimed that the state now handles electricity generation, transmission and distribution through a PPP arrangement, while its energy free trade zone is attracting investment interest in petrochemicals, fertiliser production and gas processing.
He added that initiatives such as the Imo Digital City had trained over 65,000 young people in digital skills, with many now employed or running tech-driven businesses.
Other developments highlighted include ongoing upgrades to Sam Mbakwe International Cargo Airport, investment in the Orashi River corridor for logistics, and planned hotel expansion projects in Owerri.
The governor further noted that Imo’s location between Onitsha, Aba and Port Harcourt gives it strategic access to major commercial markets in southern Nigeria.
He urged investors to consider the state, saying reforms have made business operations easier, safer and more profitable.