The outcome of the three-day Economic and Investment Summit organised by the Delta State Government has strengthened investors’ confidence as delegates from Brazil and Malaysia have expressed their willingness to invest in large-scale agricultural projects, cassava processing, a 100-megawatt thermal power project within the Kwale Special Economic Zone and integrated cattle ranching.

The investors outlined their plans during a courtesy visit to the Delta State Governor, Sheriff Oborevwori, after inspecting key investment sites across the state at the close of the Delta State Economic and Investment Summit in Asaba.

The summit, held from August 3 to 5, 2026, at the Dome Event Centre in Asaba under the theme “Harnessing Our Strengths, Unlocking Our Potential,” attracted over 4,000 participants including high-profile personalities like Vice President Kashim Shettima, World Trade Organisation Director-General, Ngozi Okonjo-Iweala, Anambra State Governor, Charles Soludo, Minister of Finance and Coordinating Minister of the Economy, Taiwo Oyedele, and Pan-African scholar Prof. PLO Lumumba, alongside captains of industry and foreign investors.

A major highlight of the summit was the Delta State Government’s pledge of a $100 million fund to de-risk private sector investments, a commitment that further reinforced investor confidence and signalled the state’s determination to create a conducive environment for sustainable economic growth.

Speaking during the visit, the Malaysian High Commissioner to Nigeria, Aiyub Omar, expressed a strong interest in partnering with Delta State on large-scale agricultural projects, highlighting the state’s rapid development and abundant opportunities in the sector.

Omar described his trip to Delta as impressive, noting the pace of development and the potential for collaboration, particularly in agriculture.

He noted that Malaysia is interested in partnering with Delta State on large-scale agricultural projects, including the proposed development of about 12,000 acres of farmland.

The envoy pointed to Malaysia’s extensive expertise in plantation agriculture and export-oriented agribusiness as a foundation for the proposed partnership.

Omar expressed optimism that deeper collaboration between Malaysia and Delta State would boost agricultural productivity, create jobs and strengthen economic ties between Malaysia and Delta State.

Leader of the Brazilian delegation, Roberto Fonseca, said the investors were leaving Delta with renewed confidence after spending four days engaging government officials, business leaders and inspecting investment sites.

According to him, the delegation held extensive meetings and identified several viable investment opportunities, expressing optimism that the engagements would soon translate into concrete projects.

Fonseca announced that the delegation would return to Delta in October with more investors to implement the Memoranda of Understanding (MoU), conclude feasibility studies and finalise joint venture agreements.

He identified cassava processing, a 100-megawatt thermal power project within the Kwale Special Economic Zone and integrated cattle ranching as the three most advanced investment initiatives currently under discussion.