We’re Bringing Legacy FDI Projects To Delta Soon – Gov Oborevwori’s Aide, Ofehe

Executive Assistant on External Relations and Diaspora Affairs to the Delta State Governor, Dr Sunny Ofehe, has expressed commitment towards attracting foreign direct investment to the state, saying that several legacy FDI projects have been lined up to be executed in the state to boost its FDI profile.

Ofehe stated this after he and a team of European investors met the Secretary to the State Government, Dr Kingsley Emu at his private residence and the Chief of Staff to the Governor, Hon. Johnson Erijo, in Asaba, the state capital over the weekend.

He said that efforts are on top gear to consolidate on some of the investment initiatives with trade dialogue between prospective investors and his office ongoing.

Disclosing one of the FDI projects soon to be brought to the state, Ofehe said he has been able to secured a cancer screening hospital to be build in Delta State and financed by the Swedish Credit Bank.

According to him, both the SSG and Chief of Staff to the governor have been intimated of the development which is one of the low hanging fruits among the FDI proposals he has secured.

He said that once the state government gives it nod to the proposal, the investors are ready to move in for the signing of the Memorandum of Understanding.

The Niger Delta activist turned politician, disclosed that to boost the State’s Foreign Direct Investment (FDI), his office has also been able to secured a modular oil refinery to be build in the State and to be funded by the Norwegian Sovereign Wealth fund.

“I have secured the construction of a solar project to be funded by Wattcrowd strategic partners. They are to invest up to $1 billion of committed capital for the development of solar projects in Nigeria”, he disclosed.

He said that most of the investors who have approached his office and are willing to invest in the state, are coming with their own credit and would not tie much of financial burden on the state.

According to him “What we have done in Delta state through my office, is reaching out to investment that would also carry their own credit therefore it doesn’t put the financial burden on the state. So what is expected from the state is an enabling environment and possibly guarantee for return on investment”.

Continuing, the Nigerian born Netherlands-based executive assistant, disclosed that within the short period, he has been able to also secured the construction of a global standard football academy in Delta State by the Dutch based Global Football Academy (GFA), one of the biggest in Europe as well as a proposal for the setting up of the Nigeria version of a Dutch based haulage company, Kleyn Trucks in the state.

While saying that he would continue to promote and dialogue for bilateral and mutual trade relationship with the ‘MORE agenda’ and Governor Sheriff Oborevwori-led administration, Ofehe hinted that a Dutch Company with international reputation for flood management and port services expertise, was interest in collaborating with Delta State in dealing with flood challenges in the state.

He said that he has prepared four separate documents on Delta State beyond oil and also Delta State solid mineral potential with foreign investment portfolio, maintaining that part of his team, was a European security conglomerate with expertise in risk management, internal security using modernized infrastructure with a blue print on how to support the state to resolve its security challenge.