Conducive Operational Environment Sees Anambra Investors Double Output, Earnings In One Year–Obiano

Kingsley Ezekwelu

Governor Willie Obiano says his administration will continue to create the enabling environment and framework that will support investors in the state to get maximum dividends for their investments.

The governor who spoke during a working visit to Interfact Breweries,  Onitsha, described Anambra State government as a stakeholder in the company,  owning 10percent of the equity investment, out of which his administration has invested 30percent of the shares.

He was conducted round the beverage facility by top management and used the opportunity to have a brief meeting between officials of the government and the management of the Company to review the progress made so far.

Gov Obiano who spoke to journalists  immediately after the meeting,  revealed that their discussion which he described as “positive”, also dwelt on the Delfarm-Songhai’s interest in supplying Sorghum -the major raw material that the company uses which before now was imported.

He was optimistic that by the first quarter of next year,  the deal would have become actualized.

The Governor revealed that the company has significantly increased their production by about 50percent in the past one year, and attributed it to the security and conducive operational environment his government has restored to the benefit of industrialists in the state. He also confirmed the situation has boosted the return of nightlife in the state.

The General Manager of the company, Mr Lucas Vandavetta,  thanked the state government for its support that has greatly raised their business profile and promised that they are poised to create an investment for the future and to sustain its corporate social responsibility efforts.

With a production capacity of 2.7 million hecto-litres per annum achieved through the overwhelming support of the state government,  it is expected that the company will give impetus to the state government’s drive towards improved internally generated revenue(IGR)and the creation of employment opportunities.