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Enugu State Government and the Management of the Lion Business Park have signed a novation Memorandum of Understanding for the new Enugu Lion Business Park Limited.

Performing the function in his office, the State governor, Dr Peter Mbah said the project will leverage the incentives associated with doing business in a Free Trade Zone to attract foreign direct investments, promote human capital, innovation and technology development as well as create jobs for shared economic prosperity for Enugu State, the South-East Geo-political Zone and Nigeria at large.

Our Government House Correspondent Fred Nnaji reports that Dr Mbah noted that his administration recognises the role of the Lion Business Park project in catalysing exponential growth of investment and economic emancipation.

The governor while calling on the Enugu indigenes to judiciously utilise the opportunity inherent in the Lion Business Park, said the state would provide all the necessary infrastructure that is required for investments and businesses to thrive in the state.

He pledged that his administration will ensure it attracts the best of the best industries to Enugu as the state is now working in partnership with the Lion Business Park Ltd, saying Enugu prides itself as a business friendly state and must maintain the position.

Earlier, the Chairman of the Lion Business Park, Dr John Mbonu who led other management staff to the Enugu government house, commended the governor for his visionary leadership, developmental strides and the wonderful achievements he has recorded within a short period in office.

Dr Mbonu noted that despite the progress recorded so far with the implementation of the project, there is need for greater collaboration, strategic investment, state promotion and the provision of requisite infrastructure to fully unlock the immense potentials of the Lion Business Park project

He said the shared objective with the state government was to develop a world-class industrial and commercial hub within the Enugu Industrial Park Free Trade Zone that would catalyze trade, industry, economic growth and create jobs for the youthful population.