The Cross River State government is intensifying efforts to revitalize the Tinapa Free Trade Zone through a renewed partnership with the Nigerian Export Processing Zones Authority (NEPZA). Governor Senator Bassey Otu emphasized the importance of strategic collaboration to harness the state’s economic potential. The Tinapa complex, once a beacon of investment, has struggled with operational challenges since its inception in 2007.
In a recent statement, Otu noted, “We are committed to making Cross River a hub for investment and trade, and this partnership with NEPZA is a crucial step in that direction.” The collaboration aims to attract both local and foreign investors, enhancing the region's economic profile and creating job opportunities. By addressing infrastructural deficiencies and regulatory hurdles, the administration seeks to transform Tinapa into a thriving business environment.
Looking ahead, the success of this partnership could signal a resurgence for Cross River’s economy, setting a precedent for other states in Nigeria. If effectively executed, this initiative may not only revive Tinapa but also serve as a model for revitalizing other struggling economic zones across the country, fostering broader national growth.