Cross River State Governor Explores PPP With NOAH ReGen for Coastal City, Agro-Industrial Projects
Translated from English, summarized and contextualized by DistantNews.
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- Cross River State Governor Prince Bassey Otu met with the National Ocean Agency for Healing and Regeneration (NOAH ReGen) to discuss a Public-Private Partnership.
- The proposed partnership focuses on the Calabar Atlantic Coastal City Project and an Integrated Food Security and Agri-Industrial Development Project.
- Governor Otu emphasized the state's commitment to sustainable development and attracting investments that unlock its economic potential.
Cross River State Governor Prince Bassey Otu is actively seeking transformational investments through a proposed Public-Private Partnership (PPP) with the National Ocean Agency for Healing and Regeneration (NOAH ReGen). The discussions centered on two significant development projects: the Calabar Atlantic Coastal City Project and the Cross River Integrated Food Security and Agri-Industrial Development Project.
Cross River State is open to innovative partnerships that will create value for our people, expand economic opportunities and position the state as a major destination for investment and sustainable development.
These initiatives aim to stimulate economic growth, create jobs, expand infrastructure, and bolster food security within the state. Governor Otu highlighted that the proposed collaboration aligns with his administration's goals for sustainable development, economic diversification, and environmental stewardship. He expressed the state's openness to innovative partnerships that can unlock its vast natural and economic resources.
"Cross River State is open to innovative partnerships that will create value for our people, expand economic opportunities and position the state as a major destination for investment and sustainable development," Governor Otu stated. He further emphasized the administration's pursuit of projects that balance economic growth with environmental sustainability, welcoming credible partners capable of delivering transformative results.
The proposed Atlantic Coastal City and the Integrated Food Security and Agri-Industrial Development Project resonate strongly with our vision of building a prosperous, resilient and globally competitive Cross River.
Frederic Degret, the United Nations Envoy on Ocean and Climate Action and CEO/Founder of NOAH ReGen, commended Governor Otu's leadership and expressed confidence in Cross River State's potential. He believes the proposed projects will act as catalysts for sustainable economic development.
Our administration is determined to pursue projects that combine economic growth with environmental sustainability. We welcome credible partners who share this vision and possess the capacity to deliver transformative results that will benefit present and future generations.
DistantNews Editorial
Originally published by ThisDay in English. Translated, summarized, and contextualized by our editorial team with added local perspective. Read our editorial standards.
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