South East Economic Development Project

Let's talk about the number. Germany spends €50m+ yearly to maintain River Elbe by taking out 76m cubic of sand. The U.S. Army Corps of Engineers maintains the Idaho dredging thereby reducing cost, and they've spent approximately $50m in about a decade to maintain it. Can Abia afford such? The thing is, I called it a white elephant project because Otti knows that the state can’t sustain such without running at a deficit with crippling debt. Are we about to have another Ajaokuta Steel plant on our hands? The profitability of that project to recoup the money needed for sustainability is not guaranteed. The per capita income in Abia is less than $2000, 50% contributes nothing to raising it due to unemployment. This is so straightforward; a cargo Railway linking the SE etc will be more efficient than this. Use the scarce resources to increase the HDI. They are not different from folks who build needless airports. I am just a commentator.

NEW: FDI: Enugu Govt, Haier Group Launch $20m Factory, set for $30m expansion ... We’ll produce 200,000 units of ICT annually, create 100 jobs – Haier VP ... It’s a boost to FG’s quest for a $1 trillion economy – Minister_ ... Mbah lauds Tinubu's economic policies Governor Peter Mbah of Enugu State today inaugurated the Enugu Haier Factory, a Foreign Direct Investment (FDI) by the Chinese Haier Global Business in partnership with the state government. This was even as the Vice President of Haier Group, Sun Yongle, said the FDI worth $20 million would produce smart phones, tablets, computers, smart boards, Android televisions, education and health technologies, and renewable energy solutions for electricity, agriculture, and transportation. The factory, which saw the Mbah Administration provide the land and build the massive structures, among others, while also placing offtake orders of over 25,000 all-in-one desktops and 300,000 tablets to power its 260 Smart Green Schools and encourage the investment, follows the state’s other FDI patterns such as the ongoing electric car assembly plant construction at Owo by the Stallion Group and the Nortra Tractor Assembly Plant and Service Centre, Enugu, an investment by ODK Group of Denmark set for commissioning.h Inaugurating the factory in the heart of Enugu’s capital city, Governor Mbah said the investment aligned perfectly with the administration’s commitment to repositioning the state as a premier destination for investment, industry, and knowledge-driven growth and its push for a $30 billion economy from $4.4h billion. “This partnership represents the convergence of vision, innovation, and opportunity – to generate Made in Enugu technologies that compete globally, while enabling us to support key local sector developments. “It means that the devices empowering our students and that support critical industries will no longer be imported. That is strategic. It reduces costs. It ensures sustainability. And most importantly, it builds local capacity,” he explained. The governor added that the factory would also serve as a practical training platform for the state’s vocational and technical institutions; generate employment; facilitate technology transfer; stimulate complementary small and medium-scale enterprises and also foster a technology ecosystem in the state. He hailed President Bola Tinubu’s macro policies, which he said had helped to a great degree in attracting a steady inflow of FDIs. “This steady inflow of FDIs is an indication that the macro pressures that had hitherto prevailed have eased. We have seen the naira strengthen, our foreign reserves grow exceedingly, and a downward trajectory in inflationary trends,” he emphasised. Mbah called on investors from across Nigeria and beyond to follow the Haier example, stressing that Enugu was ready and open for business. Speaking, the Vice President of Haier Group, Sun Yongle, said the factory would produce 200,000 units of various product lines annually, while also employing about 100 people for a start. He added that Haier Group was working on a $30 million investment in the state, expanding to mining, agriculture, among others. “Haier Group is the world’s largest manufacturer of appliances, with global revenue exceeding $60 billion in 2025. We own a portfolio of international brands including GE Appliances, Mabe, Candy, Sanyo Aqua, Hoover, and Fisher & Paykel. “The Enugu Haier Factory has a designed production capacity of 200,000 units per year, focusing on ICT products, medical equipment, and new energy products. When fully completed, the factory will employ more than 100 local workers, including our sales and service teams, and we will have over 200 employees in total. “But this factory marks only the first stage of our investment in Enugu State. We are also discussing cooperation in agriculture, mining, and transportation, including sesame, coal, and tricycles. We expect our total investment in

Let me share this video that’s been trending for days, a timely reminder that sometimes, it takes outsiders to help us truly see what we have. The beauty and serenity of Enugu are capturing national attention. The rebirth is massive. In two years, the Coal City has transformed from a city held hostage by lawless sit-at-home enforcers into the fastest-growing conference destination in the country. Hotels are fully booked. Local vendors are thriving. Transport operators and hospitality players are making brisk business. The energy is real. The turnaround is glaring. Tomorrow Is Here!