Governor Hope Uzodimma has declared Imo State equipped for end-to-end manufacturing and industrial operations.
He cited comprehensive policy overhauls, major infrastructure expansions, and an overhauled fiscal environment designed to support businesses from material extraction to final product marketing.
The governor made the pitch while addressing a gathering of international business leaders, developers, and prospective financiers at the “Invest Lagos 3.0” summit.
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Uzodimma explained that his cabinet has resolved regional logistical challenges by establishing a highly accessible multi-modal transportation network.
He noted that moving goods and personnel in and out of Imo State is now frictionless due to deliberate, heavy investments across all transit channels.
READ ALSO: “Tinubu’s progressive leadership transforming Nigeria’s economy” – Uzodimma
The governor detailed three key strategic transport developments currently driving the state’s connectivity.
An ongoing statewide “road revolution” project aimed at creating seamless highway links, the comprehensive remodeling and structural upgrade of the Sam Mbakwe International Cargo Airport (SMICA) and the ongoing dredging of the Orashi River to open up critical maritime access.
To guarantee high returns on investments, Uzodimma highlighted that the state’s Industrial Policy Framework has been restructured to remove bureaucratic and fiscal bottlenecks.
Chief among these reforms is a 10-year tax holiday explicitly granted to startups, alongside the total elimination of multiple taxation across state channels.
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Addressing the critical issue of industrial energy supply, the governor revealed that the state has successfully broken reliance on external grids through the establishment of the Orashi Electricity Company.
“Through the Orashi Electricity Company, Imo now generates, transmits, and distributes power, delivering 24-hour electricity in the Municipal City and expanding statewide”, Uzodimma stated.
Reaffirming his administration’s commitment to creating shared growth, the governor extended a formal invitation to global industry leaders and development partners to set up operations within the state.
READ ALSO: Organised Labour honours Uzodimma for leading wage reforms
Uzodimma maintained that the combination of independent stable power, tax immunities, and direct maritime, air, and land connections positions the state as a premier destination for sustainable industrial growth.
He assured investors that his administration remains dedicated to maintaining an exceptionally investor-friendly climate to safeguard and support private capital.
