By Helen Okechukwu, JKNewsMedia Reporter
GOVERNOR SIMINALAYI Fubara has launched the Rivers State Investment Promotion Agency (SIPA).
He signed Executive Order No. 002 of 2024 on Monday, in a ceremony at the Government House in Port Harcourt.
The State Attorney General and Commissioner for Justice, Dagogo Iboroma, presented the order.
The governor emphasized that the new agency would manage the numerous inquiries and business interests from investors now seeing the state as a prime location.
This move follows recommendations from the Rivers State Economic and Investment Summit held in May.
The agency will function as a one-stop-shop for all investment-related activities in the state.
Fubara expressed gratitude to Attorney General Iboroma and the team for facilitating the implementation of the summit’s recommendations.
Attorney General Iboroma highlighted the benefits of the summit held on May 22-23, 2024.
He noted that SIPA will foster greenfield and brownfield projects, public-private partnerships, privatization, commercialization of state-owned assets, and enterprise development schemes.
