BUSINESS & ECONOMY
Our Policies Geared Towards Growing Businesses, Attracting New Ones—Gov. Ott
Dr. Alex Otti, Governor of Abia State, says his administration has worked to grow businesses and attract new ones to the state over the last ten months.
Governor Otti described Abia as an investment-friendly state, expressing his desire to see businesses operating in the state grow.
The Governor made this statement while meeting with the Managing Director and management team of Inner Galaxy Steel Company Limited, a Chinese conglomerate operating in Abia State’s Ukwa-West axis, who paid him a visit on Thursday.
“Our policy is to support the industry. Some of our initiatives are aimed at supporting existing industries while also attracting new ones.
“I encourage you to continue doing business in Abia State because we welcome investors. We have just set up the Abia Industrial Innovation Park (AIIP) in Owaza. If there are some collaborations, since you are already in Ukwa West, we will tell the Managing Director of the AIIP to engage with you,” Governor Otti told the visiting Chinese team, adding that, it is only when investments grow that businesses can employ the teeming unemployed Abia youths.
He charged the company with fair labour practices as a way of attracting the government’s continued support, while allaying their fears of clamping down on them following allegations of not providing a conducive working environment for their workers.
The Governor encouraged the company to collaborate with the management of the Abia Industrial Innovation Park to take advantage of the opportunities provided in the area.
Earlier, the company’s Managing Director, Mr Lin Shanbiao, explained that Inner Galaxy is a conglomerate of four companies that produce steel, assemble caravan parts, manufacture automobile batteries and recycle used bottles.
He stated that their visit was to inform the Governor of their activities and to explore potential collaboration with the state government.
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