The Abia State Government has said the time has come to put a comprehensive industrial policy in place to accelerate the state’s industrial growth and economic transformation.
The Commissioner for Information, Mr. Okey Kanu, disclosed this on Tuesday while briefing journalists on the outcome of the State Executive Council meeting held on Monday and presided over by Governor Alex Otti.
According to Kanu, the proposed policy is aimed at providing a clear framework that will stimulate industrial development, attract investment and promote sustainable economic activities across the state.
“The state government believes that the time has come for an industrial policy to be put in place — an industrial policy that will drive the industrial development of the state as it were,” he said.
He noted that the administration has already laid a strong foundation through reforms targeted at improving the business climate.
Kanu explained that the Abia State Ease of Doing Business Agency has made significant progress in creating a more investor-friendly environment, adding that the new industrial policy would build on these gains.
He said the policy is expected to align with Governor Otti’s economic vision of repositioning Abia as a major industrial and commercial hub in the South-East.
The commissioner added that details of the industrial policy framework would be unveiled in due course following further consultations and technical inputs.
The state government, he assured, remains committed to policies that promote private sector participation, job creation and inclusive economic growth.
