The Abia State Government has announced that Turkish investors have expressed strong interest in key sectors of the state’s economy ahead of the Abia–Turkiye Investment Summit and Product Exhibition, scheduled for late November in Umuahia.
Speaking at a press conference in Lagos on Tuesday, the Special Adviser to the Governor on Investment Promotion and Public-Private Partnership, Jerome Green-Amakwe, said no fewer than 40 investors from Turkey had confirmed participation in the event.
According to him, the investors are targeting opportunities in agriculture, textiles, furniture, manufacturing, renewable energy, and construction, with potential investments worth several millions of dollars, translating into billions of naira.
“We are proud and excited to say that we have indications from no fewer than 40 investors coming from Turkey for this programme,” Green-Amakwe said.
“Knowing the capital intensiveness of these ventures, I can say they are running into several millions of dollars.”
He added that a Memorandum of Understanding had been signed with VEGA Growing Global Enterprise to ensure the successful hosting of the summit, themed “Bridging Continents, Unlocking Prosperity.”
Green-Amakwe, who also chairs the TURAB 2025 Steering Committee, said the summit will promote business-to-business meetings, trade partnerships, and strategic joint ventures aimed at strengthening bilateral relations between Turkey and Nigeria.
The Commissioner for Trade and Commerce, Dr. Salome Obiukwu, reaffirmed the state’s readiness to leverage the summit to drive industrial growth and economic transformation under the leadership of Governor Alex Otti.
“We warmly invite investors, entrepreneurs, and development partners to join us as we showcase the boundless business opportunities in Abia,” she said.
“Our government remains committed to making Abia the preferred destination for trade, investment, and innovation.”
Also speaking, Managing Director of Vega Growing Global, Eniola Ojajuni, described Abia as “the investor destination of the South-East,” citing ongoing infrastructural developments by the Otti administration.
Director of Projects at Vega Group, John Onyemachi, said the summit would also focus on reviving moribund industries through technical partnerships and technology transfer.
“It’s not just about new investments,” Onyemachi explained. “We are bringing in investors who will work with local companies to revive dormant industries, train workers, and manage operations under technical agreements.”
The Abia–Turkiye Investment Summit is being organised by the Abia State Government through the Ministry of Trade and Commerce, in collaboration with Vega Growing Global Group.
