eeda: a vehicle for economic transformation
TRANSCRIPT
Highlights of the Agency & Activities by the DG-‐ Seyi Aiyeleso OSKA
Who We Are An Agency set up to encourage, promote and coordinate investment activities in the State with a view to stimulating economic growth of the State.
A veritable platform for interaction between the investing public and the State Government.
An organisation interested in the improvement of the quality of lives of the citizenry through creation of source of wealth
Our Vision ``To be a vehicle of sustainable economic development of Ekiti State with a view to positioning the State amongst the most developed States in the Country.
Our Mission To act as an economic catalyst stimulating real and sustainable rapid industrialization of the state, thereby creating opportunities for wealth creation for the citizens and economic growth for the State.
Our Objec2ves
1: To contribute to sustainable development of Ekiti State through generation of profitable investments, maximization of return on investment and acting as catalyst for investments.
2: To support the State government's key goals of employment generation, poverty alleviation and improvement in quality of life of citizenry.
Our Opera2ng Strategies Effective Partnership : Public – Public partnership, Public – Private partnership and partnering with International Development Agencies.
Core of highly Professional, Competent and Motivated staff
Simple but highly effective Business Process that will be ICT driven
Func2ons of the Agency Coordination and monitoring of all enterprises promotion activities in the State
Initiate and provide support measures that will enhance the investment climate in the State for all categories of investors
Promote investments in and outside the State through effective promotional means
Identify specific projects and secure interested investors for such projects
Provide input into Government policies on Industrialization
Disseminate information about investment opportunities in the State to all stakeholders
Our Partners Organised Private Sector Potential local & foreign investors Existing investors Professional bodies Trade groups International Donor Agencies Informal sectors : Artisans, Farmers, Unemployed Youths e.t.c
Priori2es – Big Projects Main priorities will be to focus on the rapid industrialization of the State through 3 major approach :
Resuscitation of all moribund industries scattered across the State
Optimization of the output of the ones operational currently for maximum impact
Setting up of new large scale industries in strategic areas of the state
Priori2es – Low Hanging Fruits This will focus on developing Small and Medium scale enterprises across the State. This will be executed strategically through:
Upgrading existing SME´s for better efficiency and output
Setting up new ones through empowerment schemes Reviving moribund ones through fund injection
Other Priori2es Setting up Centers for Entrepreneurial Development Establishment of Industrial parks and Enterprise Zones
Establishment of Vocational Training and Development Centers
Hosting of Local and International Business summit and Expos
Poten2al Areas for Foreign Direct Investment (FDI) Manufacturing : Textile, Foods & Consumables Energy Tourism : Development of tourist sites Agriculture : Cocoa, Cassava, Pineapple processing Hospitality : Hotels & Resort Centers Sport : Golf Course
Our Ac2vi2es So Far Production of EEDA Brochure:-‐ First of its kind in Ekiti State.
Ekiti – ODUA Business Enterprise Centre. (Old Textile):-‐ A business hub that will accommodate; Skill acquisition centre, Builders mart, Industrial park Artisan village
Dangote Cement Depot:-‐ The facility at Iworoko road can accommodate 250 trailers of cement. The warehouse and the office complex are completed for commissioning by HE during his 1 year in office.
Agric Enterprise / NDE (229 youths):-‐ 229 Youths have been trained for 4 months in Agric Enterprise such as Piggery, Snairy, Horticulture, poultry, Goat and Sheep rearing, Honey bee making etc. This batch will graduate 2nd week in October during Mr Governor’s 1 year in office.
EEDA Ac2vi2es Cont´d Training of Okada Riders to go back to their vocations:-‐ This was successful, 100 people were trained and about 20 have gone back to their vocations.
A nite with Mr Governor & Captains of Industry:-‐ This was the first of its kind in Nigeria, bringing Captains of Industry under one roof. No Governor in Nigeria has ever done this. Hitherto, about 6 corporate bodies (manufacturing) have indicated their Investment interest in Ekiti State; 3 of them had actually visited Ekiti State after the programme.
Succession planning:-‐ Successful completion of succession planning Seminar for business owners in Ekiti State.
EEDA Ac2vi2es Cont´d Approval to establish Flea market Car mart (Elizade Toyota):-‐ Workshop & showroom:-‐ Chief Ade Ojo, Chairman Toyota Elizade has indicated interest to establish showroom & workshop for Toyota products
Meat processing plant in Ekiti State (India valley meat, Alaska, USA)
Cashew processing factory (raw material research & Development council):-‐ Efforts are in top gear.
Pineapple outgrowers scheme in Omuo Ekiti:-‐ Discussion has reached an advance level.
EEDA Ac2vi2es Cont´d
Training of graduate engineers (Prototype Engineering):-‐ 32 Ekiti Graduates in engineering will be trained by Prototype Engineering.
SMEs empowerment (14 were given N20million, 71 are currently being processed).
Over 250 applications sent to BOI for empowerment.
Areas of Opportuni2es for Investors
We are looking for interested Investors to partner with EEDA
in the areas highlighted in the next slides.
Skills Acquisi2on Center Project Areas of
Opportunity for Investors
Benefits For Investors
Remarks
Skill Acquisition Center in Ado-‐Ekiti
Provision of training facilities
• Opportunity for branding • Lasting advertisement avenue • Free media publicity
Tools, equipment, Stationeries e.t.c would be needed to get the center up and running effectively
Furnishing of the center
Same as above
Agriculture Enterprise Project Areas of
Opportunity for Investors
Benefits For Investors
Remarks
Agric Enterprise Provision of soft loan facility to beneficiaries
• Income generation • Free media publicity
Loan will attract relatively better rate
Eki2 Enterprise Development Centers Project Areas of
Opportunity for Investors
Benefits For Investors
Remarks
Enterprise Development Centers
Provision of infrastructural supports
• Opportunity for branding • Lasting advertisement avenue • Free media publicity
The centers will be sited in 3 strategic locations in the State
Equipping of the centers
• Same as above
Establishment of Farmers´ Academy
Project Areas of Opportunity for Investors
Benefits For Investors
Remarks
Establishment of Farmers´ Academy
Provision of infrastructural supports
• Opportunity for branding • Lasting advertisement avenue • Free media publicity
Equipping of the centers
• Same as above
Provision of agricultural inputs at competitive rate
• Income generation
Computer Village & ICT Center Project Areas of
Opportunity for Investors
Benefits For Investors
Remarks
Establishment of a Computer Village
Provision of infrastructural supports
• Opportunity for branding • Lasting advertisement avenue • Free media publicity
Establishment of a ICT Center
Equipping of the center
• Same as above • Sales & Marketing opportunity
Interna2onal Business Summit & Expos Project Areas of
Opportunity for Investors
Benefits For Investors
Remarks
International Business Summit & Expos
Sponsorship • Opportunity for branding • Advertisement Opportunity • Free media publicity