The Chairman Technical Committee on Foreign Direct Investments, Mr. Gabriel Ukpeh has emphasized that the location of industries in any part of the State is based on the choice of investors.
The Chairman said the State Government does not influence the siting of industries at any location as it is strictly on the choice of the investors.
He disclosed this while fielding questions on a live radio programme, “community views ” on Planet fm.
Ukpeh said, the government only provides an enabling environment to attract investors with the provision of basic infrastructures such as roads, electricity, land among others.
According to him, the government only ensures that every investor that comes must integrate with the local community and then devise means of running their business.
He stressed that 90 percent of industries are owned and driven by private sector in which they decide on where to establish their investments based on their study or closeness to source of raw material.
Commenting FDI Boss noted that, “Investors don’t know politics, all they know is business and how to get return for their investments.
Hence, industries that are sited in the state have been distributed across different parts of the state depending on the available mineral resources and more to come in other parts of the state.
He however maintained that every investor that comes in to the state must ensure that they meet with the corporate social responsibility with the host community before proceeding to sign a memorandum of understanding with the government.
He urged the youths and indigenes to key into the Dakkada Philosophy and rise to the faith of greatness as the Governor is willing develop, transform the youths to sustain manpower resource as its in line with the current development policy of the state government.
Mr. Ukpeh urged Akwa Ibom indigenes to join hands with Governor Udom Emmanuel in developing the state and by the end of his tenure, Akwa Ibom state will be fully industrialized.