Plus234Feed

SEDC Unveils 10-Year Economic Growth Roadmap for South East

SEDC Unveils 10-Year Economic Growth Roadmap for South East

The South East Development Commission (SEDC) is set to unveil a 10-year roadmap aimed at transforming the South East region of Nigeria into a leading investment destination by 2035. This initiative, which will be officially launched in July 2025, is part of a broader strategy to drive sustainable economic growth through public-private partnerships and innovative financing.

The SEDC's mission includes achieving a $200 billion economy by 2035, leveraging key growth sectors such as agriculture, industrialization, and tourism. The roadmap outlines five strategic objectives, including collaboration with state governments and private sector partners to develop financial institutions.

Feedback from the public indicated a preference for infrastructural projects, with 46% supporting regional railways. The commission has also received a budgetary allocation of N140 billion from the federal government to support its initiatives, which include the establishment of the South East Investment Company (SEIC) and various programs aimed at youth entrepreneurship and grassroots infrastructure development.

Plus234Feed summary based on reporting from This Day. Read the original report below.

Read full article

Continue on This Day

Visit
Share