Investor Presentaiton

Private sector participants during the Conference included the Managing Director, Barclays Bank, UK, Mr. James Smith, Shell Country Chairman in the UK, Rebecca Harding, Executive Director, London Business School, Dr (Mrs.) C. G. Okpareke, ICAN President, Nigeria, Lisa Curtis, Private Sector Advisor, DFID, Chief Editor, Guardian Newspaper, Reuben Abati and the Vice Chancellor, Women University of Zimbabwe, Zimbabwe, Dr. Hope Sadza,. The Conference was yet another opportunity where the nation's rich investment potentials were showcased. EDO STATE BUSINESS DELEGATION TO CHINA The Commission represented the Commission in China during the signing ceremony for the construction a USD20million cement factory in Edo State. The contract was signed between the Edo State Government, New Era Limited and Ava cement Company of China on the 1st of November 2006. The Edo State Government was represented by the Governor and some of his cabinet members. . VISITING DELEGATIONS Visit of Chinese President H.E Hu Jintao The Commission in collaboration with the Chinese Embassy worked to receive the President of China, President H.E Hu Jintao who visited the country 26th - 28th April, 2006 on a State visit. He addressed a selected Nigerian entrepreneurs at the Transcorp Hilton Hotel on the 27th of April, 2006. Visit of Malaysian Consortium. The Commission hosted the visit of a Malaysian delegation that represented a consortium of investors from Malaysia. The delegation had series of meetings with banks with a view to encouraging equity participation in the in the financial sector due to the current reforms and consolidation. This was informed by the fact that, the consortium intended to make a reasonable level of investment and was desirous of being on the board of the bank that would manage the funds. The Malaysian Consortium of Investors also stated that it was willing to package an investment of US$2billion for the following projects: • 50,000 hectare Oil Palm Plantation. • IPP project of 1000MW. . A refinery for petroleum crude. Ancillary manufacturing concerns in agro and allied processes. 55 85

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