SEDC Aims to Transform South-East into Investment Hub by 2035
Mark Okoye, the Managing Director of the South East Development Commission (SEDC), stated the Commission's vision is to establish the South-East as the preferred investment destination in Africa by 2035. He made this announcement while speaking at the 10th anniversary of De Pinnacle International Social Club in Abuja, where he was represented by Hon. Toby Okechukwu, the Executive Director, Projects and former Deputy Minority Leader of the House of Representatives.
Okoye emphasized the necessity of collaboration between government, private sector, and institutions for regional development. He introduced three key programs: the South East Investment Company (SEIC) aimed at aggregating capital for large-scale projects, an Agro-Development initiative in Nomeh, Nkanu East, Enugu, and a $50 Million Venture Capital Programme to support entrepreneurial ideas.
Okoye encouraged members of De Pinnacle to pool resources for community ownership and development, highlighting the potential of collective investment to create significant economic impact.
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