ABUJA, 15 March 2016 – The Federal Government of Nigeria and the United Nations Industrial Development Organization (UNIDO) today officially opened an Investment and Technology Promotion Office (ITPO) in the capital, Abuja.
The ITPO Nigeria was established at the request of the Federal Government and is part of UNIDO's worldwide network that covers Bahrain, China (Beijing and Shanghai), Italy, Japan, South Korea, and the Russian Federation.
Current initiatives for Nigeria include new technologies to enhance clusters for the production of industrial goods such as finished leather products, agricultural value chains to support food and beverage processing, and creative fashion and craft industries. Other upcoming initiatives with State Governments in Nigeria will promote the use of clean technologies for cooking and other domestic uses, and support for investing in sustainable energy.
“ITPO Nigeria is the first of its kind in Africa,” said Lucia Cartini, who coordinates the ITPO network at UNIDO. “It will provide a platform for public and private stakeholders, and especially companies, entrepreneurs and investors, to establish collaborative links to increase the competitiveness and help diversify the Nigerian economy.”
Keynote speeches were delivered by Fatma Samoura, Resident Coordinator of the United Nations in Nigeria; and Kalilou Traoré, the Economic Community of West African States (ECOWAS) Commissioner in charge of industry and private sector promotion. They said they were confident that the ITPO will contribute to making Nigeria, and by extension West Africa, the preferred destination for domestic and Foreign Direct Investment, and that ECOWAS and UNIDO, through the ITPO Nigeria, will continue to develop their very fruitful collaboration for Africa's inclusive and sustainable development.
The public event, which was chaired by the Minister of Industry, Trade and Investment, Okechukwu Enelamah also included sensitization workshops on key tools and methodologies in investment and technology promotion, with an emphasis on feasibility studies and entrepreneurship development.
“ITPO Nigeria will provide a unique contribution of value added services to entrepreneurs and institutions seeking international alliances in industrial investment and technology commercialization from developing countries”, said Enelamah.
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