Governor Hope Uzodimma has pitched Imo State as one of Nigeria’s fastest-rising investment destinations, telling local and international investors that the state is now equipped with the infrastructure, security and business-friendly policies needed to attract major investments.
Speaking at the third edition of Invest Lagos 3.0, held at Eko Hotel and Suites in Victoria Island, Lagos, the governor said his administration has transformed Imo’s economic landscape by prioritising private sector participation and creating an environment where businesses can thrive.
Uzodimma explained that his government moved away from the traditional model of state-controlled enterprises and instead focused on enabling private investment. He described Imo as a place where “Investment Meets Opportunities,” saying the state has deliberately repositioned itself to support business growth and economic expansion.
The governor highlighted several reforms introduced since 2020, including major road infrastructure projects, improvements in security, electricity sector reforms, digital land administration and policies designed to simplify business operations. According to him, these measures have significantly improved the ease of doing business across the state.
One of the key developments, he noted, is the state’s electricity framework, which now operates through a Public-Private Partnership model that supports electricity generation, transmission and distribution. He added that Imo’s Energy Free Trade Zone is already attracting interest from investors in petrochemicals, fertiliser manufacturing, gas processing and other energy-related industries.
Uzodimma also pointed to investment incentives introduced by the state government, including tax reforms and streamlined regulatory processes. He said the administration is leveraging Imo’s natural gas reserves and mineral resources to drive industrialisation, create jobs and stimulate long-term economic growth.
The governor revealed that the African Development Bank is establishing a Quality Assurance Centre in Imo State to strengthen agricultural exports. He added that ongoing development around the Orashi River corridor is expected to improve transportation, logistics and access to regional and international markets.
Beyond traditional industries, Uzodimma highlighted investments in aviation, technology and hospitality. He cited the ongoing upgrade of the Sam Mbakwe International Cargo Airport, the development of Imo Digital City and plans for Hilton Hotels to begin operations in Owerri. He also disclosed that more than 65,000 young people have received digital skills training through the Imo Digital City initiative, with many already employed or running technology-based businesses.
According to the governor, Imo’s strategic location between Onitsha, Aba and Port Harcourt provides investors with direct access to some of Southern Nigeria’s largest commercial markets. He maintained that businesses operating in the state now enjoy a safer, more efficient and more profitable environment.
“Overall, doing business in Imo State has become easier, more secure and more profitable. Seeing is believing, and I invite investors to come and experience the opportunities available in Imo State firsthand,” Uzodimma said.
Also speaking at the summit, Vice President Kashim Shettima described Lagos as Nigeria’s leading economic success story, crediting its growth to consistent leadership, strong institutions and long-term planning. Lagos State Governor Babajide Sanwo-Olu similarly promoted Lagos as Africa’s preferred investment hub, citing major infrastructure developments, a vibrant technology sector and plans for the Lagos International Financial Centre.
