By Obiabin Onukwugha
In a bold initiative to unlock and utilize its abundant gas resources, the Delta State government, on Tuesday launched the Kwale Free Trade Zone.
The multi-million KFTZ, cited at Kwale, Ndokwa West local government area of the state aims to attract diversity the Delta State economy for its economic prosperity.
Performing the groundbreaking ceremony on Tuesday, Delta State Governor, Sheriff Oborevwori, said the KFTZ is a flagship component of the Delta Special Economic Zone Project, aimed at unlocking unprecedented economic growth, attracting global and local investors, and creating thousands of direct and indirect jobs in the state.
He highlighted the state’s comparative advantage, emphasising that Kwale’s abundant gas resources and central location make it a natural magnet for investors seeking cost-effective and energy-efficient industrial operations.
“Today’s groundbreaking is not just another project launch. It is the fulfilment of our commitment to diversify Delta’s economy, expand our industrial base, and lay the foundation for generational prosperity. We are building a Delta where innovation, technology, and industry will thrive,” he said.
The governor revealed that eight companies had already indicated firm interest in operating from the zone, with two fully licensed, three approved for licenses, and three others in the final stages of regulatory processing.
“Delta State has invested over ₦3 billion in Delta Wires Industries, the first company to take off within this zone. The company will manufacture conductors, cables, and gas cylinders for both LPG and CNG markets. This is how we intend to use our natural gas resources to power industrial growth and create jobs for our people.
“We have acquired 1,000 hectares of land, and full compensation has been paid. Anyone attempting to encroach on government property will be stopped. This project belongs to all Deltans, it is our collective future,” he said.
Oborevwori, therefore, reaffirmed his administration’s readiness to provide infrastructure, regulatory support, and peace for investors to thrive.
Earlier in his remarks, former Delta State Governor, Ifeanyi Okowa, who chaired the occasion, praised his successor for demonstrating continuity and leadership.
“I am proud to be here. Governor Oborevwori has continued where we stopped, and that is how great leaders build lasting progress. People may not fully understand what has been done today, but in five to ten years, this area will be transformed into a vibrant industrial city.
“With the level of investment and available gas here, 1,000 hectares will not be enough. This is the beginning of a revolution in our state’s economic structure,” he stated.
The Managing Director of the Delta Special Economic Zone, Mr Godwin Akpovie, informed that over $100 million worth of investments have already been committed to the Kwale and Koko clusters of the project.
“We are partnering with the Nigerian Ports Authority and the African Development Bank to link Koko Port to Kwale through a new industrial corridor,” he disclosed.
