A Review of the Nigerian Energy Industry

Korea’s ICEPCO to build power plant in Imo

23 September 2011, Sweetcrude, Owerri- A Korean company, ICEPCO is to construct a power plant in Imo State.

The development is one of the dividends of recent trip of Imo State governor, Rochas Okorocha, to Europe and Asia,. Other projects coming in the aftermath of the visit are a fertiliser factory and a massive road construction initiative.

Governor Okorocha, during the visit to Asia, met with officials of ICEPCO, a Korean company which specialises in building power plants and fertiliser factories.

Managing Director of the company, Mr. Jaeham Go, pledged his company’s commitment to building a power plant in Imo State.

Jaeham Go, who expressed willingness to collaborate with the governor, requested information concerning gas deposits, quality of gas, the master plan of the state and the distance between the gas deposits and the city to enable feasibility study on power and fertiliser plants.

Okorocha also met the management of Suzuki Automobile Company which declared its interest to invest in the state. Serving Japanese Senator, Susma Oslima who was part of the meeting hailed Okorocha’s commitment to transforming Imo State’s economy.

Senator Oslima assured that he would use his contact in the Japanese Senate to secure more grants for and attract investors to the state.

Okorocha, who earlier condoled with the Senator for the tsunami that hit Japan, listed the areas the state needed assistance to include construction of new roads, power plant, fertiliser plant and new airport terminal.

The governor further met with the President, Association of African Economy and Development in Japan, Mr. Tetsiro Yano who expressed willingness to visit Imo State to explore areas of possible investment.

In China, Governor Okorocha met with the president and management of China Civil Engineering Construction Corporation (CCECC) and sought for partnership with the company in road construction, the building of a modern stadium, fertiliser factory, computer factory and others.

He stated that his government was ready to pay the company if it assures on good and quality works and early delivery of projects.

The governor also visited Yongqiang Vehicle Limited, a truck manufacturing company where he expressed his government’s willingness to acquire fire fighting trucks, buses, refuse disposal trucks and kerosene trucks.

Other establishments visited by Governor Okorocha in China include Life Steel Industry, Howgda Engineering and Trading Group, Donguan Power Plant Limited and Guangdong Doongguan Guanghua Hospital.

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  • Gov Rochas,a big thumbs up 2 u.Everyday u give ur pple a reason to smile,wt mur do we ask 4.u are truly Imo’s messiah.