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The South East Development Commission (SEDC) has rolled out its plan preparatory work on strategic projects aimed at accelerating economic growth and infrastructure development in the region.
Briefing the Senate Committee on the SEDC during a recent oversight visit, Managing-Director of the Commission, Mr Mark Okoye, disclosed that the Commission has continued to advance preparatory work on the strategic projects.
The initiatives, he said include planned gas pipeline and railway projects, as well as partnerships with key stakeholders across federal MDAs, state governments, development partners and the private sector.
He also informed the committee of its engagements to promote coordinated regional development, as well as the South East Vision 2050 stakeholder consultations as a major milestone.
Okoye recalled the implementation of the South East Venture Capital Programme, “under which 25 startups from the five South-East states received equity investments through a competitive selection process, aimed at promoting entrepreneurship and innovation.”
Chairman of the Senate Committee on the SEDC, Senator Orji Uzor Kalu, expressed satisfaction with the progress made on the commission’s headquarters in Enugu, urging the management to sustain the progress.
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