The just concluded 2020 Global Investment in Aviation Summit that took place in the United Arab Emirates has showcased Akwa Ibom state as the “next big-thing” in the Nigeria’s aviation industry.
Akwa Ibom became the centre of attraction at the when Udom Emmanuel, the governor, led a high-powered delegation to the summit to present investment opportunities to big players in the aviation industry, where “a lot of them have shown interest in the completion and running of the Maintenance, Repair and Overhaul (MRO) facility at the Victor Attah International Airport.”
At the GIAS 2020 summit, which recorded breaking number of activities including aviation finance and airport project finance master classes where talks on Aircraft Investment, fleet management, PPP business models, airport future solutions, Emmanuel hinted that his administration sees “aviation as a strategic income stream and as such is doing its best to take advantage of it. We have created investor-friendly environment. Our home carrier, Ibom Air, is receiving attention globally.”
He explained to investors at the summit, who where turbocharged to invest in the state, that with the much-needed investment, the sector, which boasts of a home carrier, has the potential to directly and indirectly employ millions Akwa Ibom youths, boost the state’s Internally Generated Revenue (IGR), among others.
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Emmanuel also used the GIAS Summit to meet with the Marriott Group Vice President for Sub-Sahara Africa, Ibrahim Barghout, to finalize arrangement for the smooth opening of the Four-Point by Sheraton, Ikot Ekpene.
He said his administration’s agenda, which is tailored to a vibrant economic plan, is for the development, progress and a greener future for Akwa Ibom.
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