As part of efforts to ensure that Anambra realises it full potential in food production, the state government, has signed a Memorandum of Understanding with a consortium comprising foreign and local Investors, for the production of additional 100,000 metric tonnes of rice plant, worth over N20bn.
The State Governor Willie Obiano and the Chairman of Anambra State Investment Promotion and Protection Agency, Nwabunwanne Enweze signed on behalf of the state at the government lodge, Amawbia, While Kenneth Irhogbe and Zhang Dauguang signed on behalf of their respective companies.
In his remarks Governor Obiano emphasized the critical nature of agricultural development, as one of the four pillars of his administration.
He added that on completion, the project will provide 10,000 direct jobs for the state and additional 15,000 indirect jobs for the people.
The investors outlined the potentials in the state and promised to improve their investment rate as time progresses
Meanwhile, Governor Obiano also signed a $70m MoU to build a four star hotel in Onitsha that will have about 190 rooms and provide a world trade centre that will accommodate over 2,000 seats