Executive Secretary of Kaduna Investment Promotion Agency KADIPA Malam Khalil Nura Khalil says its mission is to be a world class investment promotion agency.
He stated this at a news briefing to mark his one year in office held in Kaduna.
Malam Nura Khalil said some of the initiatives of the Board and Management have been fruitful.
Malam Nura Khalil who highlighted the outcome of the just concluded 7th Edition of the Kaduna Economic and Investment Summit (KADINVEST 7.0) and the agency’s achievements in the past one year , attributed the achievements to the hard work of Governor Nasiru Ahmad El-Rufai in the past seven years.
According to him, since the commencement of KADINVEST 1.0 to date, the agency had attracted investments worth of over $4.4 billion.
According to him, KADIPA surpassed its 2022 set target of $500 million worth of investments in the first quarter and the Board increased the investment portfolio to $1 billion.
“Investment figures for the 2nd Quarter 2022 tallied at $36 million worth of actualized investments in various sectors across the LGAs in the state.”
“We recorded $112.7 million in announced pledges bringing the 2nd quarter figures to a total of $148.7 million, thereby increasing the state’s total investment Portfolio to $4.35 billion, representing a 3.6% growth for the quarter. The chief objective for all these is job creation,’’ he added.
Malam Khalil also said that KADIPA had facilitated the investment of eighteen companies and recommended them to KADGIS for land allocation.
“We handed over sites to investors in Kubau LGA, the Kangimi Layout, GAAIZ, Rabah Link Road and the Afaka layout, all of which have mobilized to site.’’
“Furthermore, KADIPA has assisted the state in generating revenues of N236.6 million through payments of premiums by greenfield investors that have been allocated land and brownfield investments via payments received from the privatization of State owned assets,’’ he added.
He said the Agency has joined the World Association of Investment Promotion Agencies IPA to see what other members are doing, explore capacity building opportunities and the networking opportunities in the World Investment Conference.
The Executive Secretary, expressed gratitude to Governor Nasir El Rufai for believing in the capacity of the youths, just as he thanked the Deputy Governor of Kaduna state and Chair of the KADIPA Board, Dr Hadiza Balarabe, and the Vice Chairman, Khalifa Muhammadu Sanusi II, for their support, advice and direction to the agency.
Malam Khalil applauded his predecessors for their efforts particularly the State Commissioner for Business, Innovation and Technology, Professor Kabir Mato, the Local Organising Committee of KadInvest 7.0 as well as the management and staff of KADIPA for making the last KadInvest successful.
Khalil listed the initiatives that KADIPA embarked on that facilitated its achievements in the last one year.
“Similarly, we organized Peer Learning Sessions with South Africa, Ghana, Rwanda, and DFID-LINKS Due Diligence Workshop. We are actively looking for opportunities to learn”.
“We rejigged our media infrastructure and embarked on strategic promotional interviews to advertise Kaduna state and the investment opportunities with national TV networks, national dailies, and radio stations both in English and Hausa”.
“We deployed promotional materials including flyers with QR codes to our publications. We printed and made these available to investors. Our marketing of Industrial Zones and layouts of the two Industrials Zones and various approved layouts has remained consistent across social media platforms,’’ he said.
The ES pointed out that KADIPA’s renewed investment drive encourages creativity.
‘’this is why our investor targeting has been deliberate and strategic”.
According to him, the board had regularly engaged embassies, developmental agencies for partnership and capacity building initiatives.
“To promote networking amongst business persons in the state, we organize quarterly Business World Breakfast where we meet with business people in the state and listen to their challenges”.
” And to ensure that business in the state are retained and encouraged to expand, we carryout weekly AfterCare services, where we visit businesses within the state to hear their challenges and understand areas the Kaduna State Government can help remove encumbrances,’’ he added.
The KADIPA Boss recalled that the recently held 7th edition of Kaduna State Economic and Investment Summit(KadInvest 7.0) was successful.
“We launched the Kaduna Livestock Regulatory Authority (KADLRA) Regulations. The Ginger Investment Policy and Strategic Framework GIPS (GIZ). And the Film Village Project, with the signing of MoU with KADCCIMA and KDSG on using the trade fair complex by the creative art sector,’’ he said.
“Governor Nasiru El Rufai also commissioned eight projects, including the N2 billion Falgates Foods’ Rice Mill with 100, 000 metric ton capacity per annum located at Sobawa, Rigachikun”.
“the governor also commissioned the AFEX’s Aggregation and Processing Centre, an agricultural commodity warehouses and multi-grains processing plant, to help farmers in the state prepare and market their produce.
“A computerized vehicle inspection services center located at Mando, which provides automated checks for all vehicle types was also commissioned”.
“El Rufai also commissioned the Kaduna Galaxy Mall, ‘’a multipurpose shopping mall that houses food courts and cinemas for Kaduna residents to shop and have a good time,’’ he said.
“Ammsco Neighborhood Centre, which has shopping mall and food court, was also commissioned by His Excellency, ‘’ Khalil added
COV/AMINU DALHATU