Governor of Enugu State, Dr. Peter Mbah, will on Friday, unveil an over ₦1.6 trillion ($2.1 billion) pipeline of 30 projects at the first State Investment and Economic Growth Stakeholder Roundtable.

The governor is also scheduled to launch the Enugu State Integrated Sector-Based Productivity Growth Strategy. This was made known in a statement released by the Secretary of the State Government (SSG), Prof. Chidiebere Onyia.

He said the Investment and Economic Growth Roundtable, which is a precursor to the launch of the maiden multi-stakeholder and fully transactional Diaspora and Investment Forum scheduled for the second quarter of 2024 will hold in Enugu and also draw investors from across various industries locally and internationally.

“The over ₦1.6 trillion ($2.1 billion) project pipeline spans several sectors, including transport, energy, information and communications technology, water and sanitation, Agriculture and Agro industrialisation, industries, healthcare and financial services.

“Senior executives from the World Bank Group, the African Development Bank Group, the International Finance Corporation, the African Export-Import Bank, the United Kingdom Department for Trade and Business, the Africa Finance Corporation (AFC), as well as the Nigerian Sovereign Wealth Fund, commercial banks, corporate pension funds, private equity funds, infrastructure funds, and other domestic financial institutions will convene in Enugu to discuss investment opportunities in the State and chart a course for effectively mobilising private capital for large-scale infrastructure projects, including climate resilient and sustainable infrastructure projects pipeline that can unlock Enugu State’s and South-Eastern Nigeria’s economic potential.

“The Roundtable discussion aims to uncover barriers to investment and economic growth in the state; improve investors’ confidence and the state’s understanding of investors’ risks and return preferences; and identify partnership opportunities for project preparation and co-investments of critical infrastructure investment projects in the State” he stated. According to Prof. Onyia, this is in line with Governor Mbah’s determination to grow the Enugu State economy from $4.4 billion to $30 billion.