Infrastructure
Infrastructural development is pivotal to poverty reduction and the stimulation of economic growth in any economy which offers a window of opportunities for potential investors. In this regard, Edo State is in the process of reviewing and updating the legal and regulatory framework for private sector involvement in the construction, development, operations and maintenance of infrastructure particularly roads, bridges, highways. This will fully take cognizance of the infrastructure Concession Regulatory Commission Law of 2005 of the Federal Government which provide the framework for concession and other public private partnership (PPP) arrangement.
Road Development
Given the strategic location of Edo State to the nation and in particular to the south-south geo-political zone in Nigeria, road development is critical to stimulating the growth of commerce and industrial development. Thus, the State is determined to take a leadership role in road development. In 2009 alone, the State Government is determined to commit almost 60% of its capital budget to the development of roads and drainage in the State in consonance with the evolving State infrastructure master plan.
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