“We’re Targeting $30bn GDP” — Mbah Inks Landmark Deal For Enugu Industrial Hub, Promises Inflow Of Foreign Investment

Speaking during a brief ceremony on Tuesday at the Government House, Enugu, Governor Mbah said the project would take full advantage of the Free Trade Zone incentives to attract significant foreign direct investment (FDI), foster human capital development, promote technological advancement, and create employment opportunities.

“The Enugu State Government has committed to increasing its stake in this going concern by providing all the necessary infrastructure required to make this business park fully functional,” Governor Mbah stated.

He emphasized that the initiative aligns with his administration’s economic transformation blueprint aimed at making Enugu Nigeria’s preferred investment destination.

Governor Mbah highlighted that the business park’s location was selected through strategic planning and economic analysis, ensuring optimal proximity to key logistics hubs.

“The business park is strategically located three hours from Onne Sea Port in Rivers State, less than two hours from Asaba in Delta, and less than 25 minutes to Akanu Ibiam International Airport, Enugu,” he explained.

He assured that the state government remains committed to delivering critical infrastructure, including reliable electricity, paved road networks, and other enablers, to foster an investor-friendly environment.

Chairman of Lion Business Park, Dr. Okechukwu Mbonu, praised Governor Mbah for his visionary leadership and commitment to economic development. He affirmed that the park will serve as a catalyst for trade, industrial growth, and youth employment across Enugu and the South-East region.

“This strategic collaboration aligns with Your Excellency’s bold economic agenda to grow Enugu State’s GDP from $4.4 billion to $30 billion, ultimately benefiting the people of Enugu and Nigeria as a whole,” Mbonu noted.

He called on local and international investors to tap into the emerging opportunities presented by the park, adding that the company is fully committed to supporting the administration’s transformative agenda.

The Governor also expressed gratitude to the host communities for their cooperation and encouraged them to continue supporting investors to ensure the project’s long-term success.