The Governor of Imo state, Emeka Ihedioha’s Ihedioha’s sealed a $50 million (N18 billion) investment deal with the Africa Export-Import Bank to set up a Quality Assurance Centre (AQAC) in the state to serve the south-east and south-south regions of the country.
The huge investment hub according to a statement by the Chief Press Secretary to Governor, Chibuike Onyeukwu, will provide certification and inspection services for various products for exports from Imo State and other parts of the regions to the international market.
The centre, managed under the quality assurance facility of the bank, is the first of its kind in the entire region and will also provide capacity building to industrialists, make Imo State a business hub, and more importantly, provide employment opportunities and boost economic development in the state.
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Recall that Governor Ihedioha had embarked on a Trade and Investment working visit to the Annual General Meeting of the AfrExim Bank, held in Moscow from June 20th – 22nd, 2019.