Delta State Governor Ifeanyi Okowa said activities will soon begin at Kwale Industrial Park as methanol and transmission tower manufacturing companies have indicated readiness to set up their plants in the state. The governor made the disclosure at the South-South Export Enlightenment and Engagement Forum organised by the Nigeria Export-Import Bank (NEXIM Bank) in conjunction with Delta Government in Asaba. “Expected to drive this administration’s industrialization agenda, the Park has the potential to be Nigeria’s biggest location for gas and energy-intensive manufacturing such as ceramics, rubber and methanol. “In the same token, we have earmarked the sum of five million dollars as seed capital for the establishment of a transmission tower manufacturing plant being promoted by ENFRASCO Limited. He announced that N1 billion had been set aside for entrepreneurs that produced non-oil export products for each state of the country.

Source: The Guardian January 29, 2020 15:00 UTC