Yesterday, we were pleased to receive a delegation of investors led by Dr. Oko Jaja, alongside Mr. Dennis Madu Nwakanma, CEO of MD Nwakanma Nigeria Limited. Dr. Jaja briefed me on the significant progress made towards the establishment of a $145 million solar manufacturing plant at Umuelele, Isiala Ngwa South LGA, in partnership with their Chinese counterparts.
I am delighted that the project has reached the Final Investment Decision stage. This is a resounding vote of confidence in the improving business environment we are building in Abia State. It further validates our vision of making our State a preferred destination for local and international investment.
We remain committed to providing every support necessary to ensure businesses thrive and investments are protected. We have done everything required to make the land available for the project, and we stand ready to provide every necessary support to ensure its successful implementation.
Beyond the investment itself, the project promises jobs for our young people, skills development, increased economic activity, and greater prosperity for our State.
I commend Dr. Jaja, the investors, and MD Nwakanma Nigeria Limited for their confidence in Abia. I am particularly encouraged that the first tranche of funding is expected by September 2026, with factory construction projected to commence before the end of the same month.
I am also pleased that young Abians are already being trained in solar installation and related technologies, with plans for selected workers to receive advanced training in China once operations begin.