We’ve succeeded in Making Kaduna Investment Destination – El-Rufai
By Femi Adi
Kaduna Governor ,Malam Nasir El-Rufai said his government has succeeded in making the State an investors destination .
El-Rufai who disclosed this during opening ceremony of the 4th edition of the Kaduna Economic and Investment Summit , KadInvest 4.0 , said the deliberate attempt to create a conducive atmosphere for business to prosper is largely responsible for the feat .
While noting that his government has put in place a 35 years infrastructural plan to transform the state, which is backed up by the industrialization plan of the state, he cited companies like Olam Factory, Zaria Feed Mills and the partnership with Dangote conglomerate to revive the comatose Peugeot factory in Kaduna as outcomes of the investment friendly environment.
He also hinted that his government has attracted both local and international investments worth over $500 million into the state in the last three and half years.
According to him, some of the investments have already became reality and hundreds of thousands of youth are benefiting from them.
He further explained ,” Kaduna State is blessed with experienced and educated work force, because it has the highest number of tertiary institutions in the North.
“KadInvest has become a critical vehicle for driving investments in Kaduna and providing the condusive environment for the private sector to thrive.
“Through this platform, in the last three and the half years, we have attracted over $500 million in local and foreign investments in this state.
“We also have abundant natural resources, large labour force that will provide the required work force. Our state is also investors friendly and a gateway to other Northern States.
“This year’s KadInvest is the fourth of its kind, revealed that “the investments have generated over 100, 000 jobs.”
However , he said the constant drive for investment is informed by the quest to create better opportunities to match its population.
“The biggest challenge we face as a government and as a state is job creation. We, therefore, have to come up with numerous policies and reforms that will make Kaduna the first choice of investors in Nigeria.
“We know we are competing with 35 other states and the Federal Capital Territory (FCT). We also know we are competing for investable funds around the world. So we have to be better than the best to be able to attract more investments.” He stated.