The land, measuring about 98.024 hectares, was revoked by the administration of the immediate past governor of the state, Senator Liyel Imoke, it was gathered.
In his address at the occasion, the MD told the governor that despite all odds, the zone had recorded giant strides including massive job creation, technology transfer/skill acquisition from Foreign Direct Investment (FDI), granting of scholarship to members of the host communities among others, over the years.
The new MD said he was in the state to intimate the governor on critical issues that border on the activities of the Calabar Free Trade Zone, and sought the needed partnership to move the zone and state forward.
He said: “Your Excellency, we make bold to state that the Free Trade Zone Scheme in the state has attracted over 11,000 direct and indirect employment from inception till date and still attracting.
“Technology transfer/skill acquisition from FDI and Nigerian companies located in the zone such as Skyrun International FZE, M Saleh Engineering FZE, Combination Industries FZE, General Electric FZE and oil and gas companies etc, as many of the indigenes of the state are employed by these companies.
Responding, Governor Ben Ayade thanked the new MD of NEPZA for the visit, expressing his administration’s readiness for a partnership that would revive both the Calabar Free Trade Zone and Tinapa Business and Leisure Resort.
Culled from Leadership online