ABSG SIGNS MOU TO HARNESS AGRICULTURE

The investment drive of Abia State Governor, Chief Theodore Orji, has continued to yield positive results with the latest signing of a Memorandum of Understanding on agro-allied and solid minerals between the state government and Honeywell Group.

The MoU covers the the establishment of a cement factory in Arochukwu as well as development of the state’s agricultural sector.

Speaking during the signing of the MOU at the Government House, Umuahia, an elated Governor Orji who thanked the Honeywell Group for coming to invest in God's Own State, said the state was endowed with huge human and material resources.

Governor Orji assured the company of his government's readiness and cooperation to ensure that the objectives for signing the MoU were fully realized at the end of the day.

Though he said his administration has had a nasty experience in the past in its bid to develop the state through a Public Private Partnership initiative, he said that his government has reengineered itself to forge ahead and has decided to do business only with investors with proven track record.