The Akwa Ibom Investment and Industrial Promotion Council, AKIIPOC, is a statutory body established by an Act of Parliament of the Akwa Ibom State House of Assembly signed into law by Governor Victor Attah.  The organisation is headed by a Director General.                                                                                                                                                                                       

Responsibilities:

AKIIPOC is constituted as the primary agency to prosecute the State Government investment and industrial promotion initiatives. Additionally, it will supervise government’s economic development programmes and institutions. Its terms of reference include:

• Determine and advise on policies that will best promote accelerated industrialisation and multi sectoral investment to diversify the economy and enhance the state productive capacity.

• Focus on key developments and investment issues that affect the state and suggest ways to resolve them.

• Provide policy advice on industrial, agricultural, commercial, oil and gas, transportation, housing, utilities, manpower and other aspects of the state’s economy.

• Carry on the business of Investment Trust and Holding Company and control all the investment and securities of the State Government in various companies, parastatals and other bodies.

• Co-ordinate and monitor all investment promotion activities in the state.

• Articulate and supervise the reactivation of industries and business concerns in which government has shares or interests.

• Enunciate and implement policies that will attract investment and capital mobilisation.

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