…Governor Mbah to Investors: “We Guarantee Your Business, Come and Build with Us”
In a bold step toward transforming Enugu State into a foremost industrial and commercial powerhouse, the state government has inked a landmark investment agreement with Lion Business Park Limited to develop a world-class industrial hub within the Enugu Industrial Park Free Trade Zone.
The strategic partnership was formalized on Tuesday with the signing of a Novation Memorandum of Understanding (MoU) at a high-level event in Enugu, witnessed by top government officials and corporate leaders. The deal marks a major milestone in Governor Peter Ndubuisi Mbah’s vision to reposition Enugu as the go-to destination for investors and a hub for innovation, manufacturing, and commerce in Nigeria and beyond.
Governor Mbah, while speaking at the event, reaffirmed his administration’s unwavering commitment to creating an enabling environment for businesses to thrive. He emphasized the government’s role in providing critical infrastructure, streamlining bureaucratic processes, and fostering investor confidence through transparent and business-friendly policies.
“We are not just asking investors to come and do business in Enugu, we are guaranteeing that their businesses will thrive,” the governor declared. “This partnership with Lion Business Park aligns perfectly with our administration’s economic transformation agenda to grow our GDP from $4.4 billion to $30 billion.”
A Game-Changing Collaboration
The chairman of Lion Business Park Limited, Dr. Okechukwu Mbonu, expressed delight over the renewed collaboration, describing it as a “watershed moment” for Enugu State’s economic future. He lauded Governor Mbah’s leadership, noting that his rapid strides in governance had inspired confidence in the private sector.
“This collaboration is not just a business deal; it is a commitment to Enugu’s future. We are poised to deliver an industrial and commercial hub that will drive trade, create thousands of jobs for the youth, and attract top-tier investors from around the globe,” Mbonu stated.
He added that the project’s strategic location, within a designated Free Trade Zone, would unlock a multitude of benefits including tax incentives, streamlined export logistics, and reduced operational costs—factors that would further attract Foreign Direct Investment (FDI) into the state.
Strategic Location, Global Vision
Governor Mbah underscored the park’s prime location, noting that its proximity to major economic corridors gives it a significant edge. “This park is just three hours from the Onne Seaport in Rivers State, less than two hours from Asaba in Delta, and only 25 minutes away from the Akanu Ibiam International Airport here in Enugu. Its accessibility makes it one of the most strategically placed industrial zones in West Africa,” he said.
He disclosed that the state government would further increase its stake in the development of the park by investing in critical infrastructure such as electricity, road networks, and water systems, ensuring that investors encounter zero barriers.
Driving Inclusive Growth and Youth Empowerment
Mbonu further emphasized the broader economic impact of the project, explaining that the business park would not only catalyze industrialization but also promote technology transfer, support local innovation, and provide extensive employment opportunities, particularly for young people.
“This is about inclusive economic growth. We are building a future where the youth of Enugu and Nigeria at large will have access to world-class opportunities without needing to leave the country,” he said.
Call to Action for Diaspora and Global Investors
Both Governor Mbah and Dr. Mbonu extended a passionate call to Nigerian investors in the diaspora and global business leaders to seize the opportunity and be part of Enugu’s economic rebirth.
“We are rolling out the red carpet for investors. The environment is right, the policies are clear, and the leadership is committed. This is the time to turn your capital into lasting impact,” Governor Mbah said.
The governor also appreciated the host communities for their cooperation and called on them to continue supporting the development of the industrial park, stressing that inclusive growth would benefit every citizen.
Conclusion
As Enugu State sets its sights on becoming a model of economic resilience and industrial transformation in Africa, this deal with Lion Business Park is a strong signal to the global investment community that the state means business. It is not only a promise fulfilled but also a clear blueprint of a future driven by innovation, opportunity, and prosperity.
With the groundwork laid, all eyes are now on Enugu—Nigeria’s new frontier for economic excellence.
