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Home » News » $1 billion Investment Portfolio: South East Business and Investment Summit Parleys The Infrastructure Bank

$1 billion Investment Portfolio: South East Business and Investment Summit Parleys The Infrastructure Bank

September 5, 2024
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Abuja, NIGERIA — In an engaging parley that could redefine regional investment dynamics, the delegation of South East Business and Investment Summit led by the Executive Secretary Dr. Ifedi Okwenna, a prominent advocate for economic advancement in the Southeast, today, met with Nkiru Chime, the Acting Managing Director of The Infrastructure Bank.

The meeting, held in the bank’s headquarters in the heart of Nigeria capital Abuja focused on the forthcoming South East Business and Investment Summit, an initiative poised to attract a diverse array of global investors.

Dr. Okwenna outlined the ambitious scope of the Investment Summit, highlighting its potential to draw investors from across the Caribbean, Canada, the United States, China, and other parts of Africa.

He said, “South East Business and Investment Summit is working tirelessly to secure investment portfolio of $1 billion over the next five years, specifically aimed at supporting micros, small and medium-sized enterprises in the South East.

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He said the vision for the forum is not merely about showcasing the Southeast’s potential but also about creating substantial, lasting partnerships that can drive regional development.

Okwenna emphasized that collaborating with The Infrastructure Bank would be a significant step toward realizing this vision.

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“Partnering with The Infrastructure Bank will provide invaluable support,” he said, “enabling us to effectively channel the investments and ensure that they yield tangible benefits for our communities.”

Nkiru Chime responded with enthusiasm, shedding light on The Infrastructure Bank’s commitment to the region’s development. She detailed the bank’s extensive services, including project financing, strategic planning, and infrastructure development.

Chime reassured Dr. Okwenna of the bank’s keen interest in investing in the Southeast. “Our goal,” Chime stated, “is to support infrastructural growth that aligns with the broader economic strategies of the country. We believe that the South East Business and Investment Summit represents a pivotal opportunity to stimulate economic progress and enhance infrastructure.”

Adding to the gravity of the meeting, the Chairman, National Investors Mobilization and Coordination Committee, Chief Sir Emeka Mbagha; the Head of Marketing, Mrs. Chinyere Kalu, and the Media Consultant, Chidipeters Okorie, from the
South East Business and Investment Summit delegation were also present. Their participation underscored the collaborative spirit that is crucial for the success of such initiatives. The echoed the sentiment that regional partnerships and robust investment frameworks are essential for unlocking the Southeast’s full potential.

The dialogue between the South East Business and Investment Summit and and The Infrastructure Bank marks a promising development in the region’s quest for economic revitalization.

He said Investment Summit is working tirelessly to secure investment portfolio of $1 billion over the next five years, specifically aimed at supporting.micros, small and medium-sized enterprises. This initiative is set to transform the economic landscape of region, fostering growth and innovation among local businesses.

As the Summit approaches, the synergy between local leaders and financial institutions like The Infrastructure Bank will be instrumental in shaping the future landscape of the Southeast. With global investors eyeing the forum, the groundwork laid by this recent meeting could well pave the way for transformative growth and development in the region.

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Tags: NigeriaSouth-East Investment ForumThe Infrastructure Bank
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