Delta State Governor, Dr Ifeanyi Okowa, has assured investors that his administration would continue to provide an enabling environment, including infrastructure, for industries to thrive in the state.
Okowa gave the assurance at the ground-breaking of DELFRASCO Industries Limited, Tower Manufacturing and Testing, Industrial Fabrication and Hot Dip Galvanising Facility in Issele-Uku, Aniocha North Local Government Area of the state, according to a statement on Friday.
He lauded Issele-Uku community for its support and cooperation with the state government and commended the project partners, Delta Investment and Development Agency, for commitment and tenacity.
According to him, the project would meet the present and future demand for tower manufacturing in Nigeria as well as the whole of Africa, as well as contribute positively to the socioeconomic development of Delta State and Nigeria as a whole.
Okowa said, “The location of this industry demonstrates your confidence in Project Nigeria while giving fillip to our administration’s industrialisation drive. It is my earnest expectation that this project will flourish, and that God will reward you abundantly for taking the bull by the horns.
“Upon completion, this will be Nigeria’s and indeed, Africa’s first and largest multi-industry local content industrial complex, providing products and services to power, oil and gas, telecom, agriculture and other industries.”
He listed the benefits of the project as being a hub for power transmission technology, creation of over 1,000 direct jobs, generating foreign currency earnings for Nigeria through export of towers to other parts of Africa, development and training of Nigerian manpower, amongst others.
He also noted that major customers were expected to include Transmission Company of Nigeria, Nigeria LNG Train 7 Projects, EPC Contractors in Energy and Infrastructure Projects and telecom infrastructure providers.
The governor said, “This administration will continue to create the enabling environment for companies and industries to thrive and provide gainful employment for our youths in a safe, secure, and supportive environment.
“I am particularly pleased with the manpower development component of this project as it will complement the various skills training and entrepreneurship development programmes of this administration.”
He added that the coming of DELFRASCO Industries Limited was another example of his administration’s commitment to diversifying the economy of Delta and enhancing its business competitiveness.
Okowa urged the private sector in Delta to take full advantage of all incentives put in place to bolster ease-of-doing-business in the state.
The Chairman of DELFRASCO Industries Limited, Chief Chukwuma Okolo, underscored the significance of the project as enormous, saying that testing towers for electricity transmission were still being done outside the country.
Okolo said that upon completion, the company would render industrial fabrication services for oil and gas industries and agricultural industries, among others.