Rochas Okorocha Eyes Industrial Real Estate In Imo State

The Imo State Governor, Rochas Okorocha in his briefings when members of the Owerri Chambers of Commerce, Industry, Mines and Agriculture (OCCIMA) visited him at the Government House Owerri said that the state government would rescind the ownership of all unexploited lands especially those at the industrial layouts in the State, lamenting that people get those lands and kept them for years without developing them but waiting to sell them at an outrageous prices.

The Governor disclosed that he had also given the instructions that all the link roads to Onitsha Road Industrial Layout and Industrial Park be done straightaway including the one linking World Bank Estate and Onitsha Road, Owerri.

Rochas Okorocha equally elucidated that his administration has another programme at the moment for the revival of all the dilapidated manufacturing companies in the state whether public or private owned, adding that his administration is taking stock of all the companies involved with a view to getting them back to production to create jobs in their various localities.

He said: “My dream and vision now is to address the issue of manufacturers in Imo State, as the State is now ready for manufacturing and industrialization. Owerri is now the fastest growing City in Nigeria comparable to Lagos and Abuja. Real Estate is growing geometrically but my concern is that the manufacturing sector is not moving in the same speed.”

He further stated, “We have now come out with a clear policy that we must support genuine manufacturers, those who create jobs and not suppliers or dealers on products. We are talking about those that take raw materials and put them into finished goods creating chains of opportunities for distribution, manufacturing and consumption.”

The Governor in his remark said, “I have equally ordered that all unused sites of manufacturers at the Onitsha Road Industrial area be invalidated, the fences and gate houses cleared for serious manufacturing companies to come and take over.”

“Most owners of lands there are not manufacturers simply use the opportunity to grab lands and keep them there for sale. We have decided to revoke all unused lands there.”

President of the Chamber, Dr. Igwe Nnadumije, in his speech, appreciated the Governor for having in mind the manufacturing sector in the State and assured the cooperation of the members for the industrialization of the State.

He also pleaded to the Governor to construct the ring roads in the Onitsha road industrial area, stating that most manufacturers who own industries around there find it difficult to access their factories and these bottle necks of extra costs is putting them off the competition.

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