Katsina to shore up investment climate, hosts summit in 2021

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The katsina State Government have declared its determination to shore up her investment climate in the state and have therefore designated 2021 for the take off of its aggressive investment promotion campaigns, aimed at boosting the economic and social development of the state as well promote wealth and employment creation.

The Director General, katsina State Investment Promotion Agency, KIPA, Alhaji Ibrahim Tukur Jikamshi who dropped the hint while briefing newsmen on the activities of the agency at Government House, in Katsina, said the renewed drive on investment promotion is entirely a departure from past efforts which hitherto had not yielded the desired results

He further disclosed that the nearing completion of the state’s Economic Green Zone, which is the flagship of the proposed economic investment drive, is expected to lift the state’s projections into a veritable investment climate as well as attract potential investors

He said ”with the expected injection of the requisite investment enablers like: providing conducive investment climate and environment, guaranteeing availability of trained technical personnel, provision of startup incentives to companies and ensuring adequate planning assistance, the stage is set for a better social and economic activity come 2021.

“800 hectares of land had been earmarked for the project; also government has decided to develop 100 hectares under its first phase to provide the basic Infrastructures for the project.

“Realizing the fact that government alone cannot provide the needed welfare for its citizens and recognizing the role of the private sector in stimulating economic growth especially employment generation, the state government has signed an MOU with Skipper Infra JLT.”

He further called on the social media to be modest and shun sensationalism in reporting happenings in the state so as not to scare away potential investors.

He said ’’pictures and scary photographs of killings, can discourage investors from coming to the state.”

He also outlined other future investment outlooks in the state to include: Implementation of Katsina Textile Project in Funtua, convening investment forum, engagement of Dangote industries, and the completion of MSME survival fund projects in the state.

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