The Akwa Ibom State Government has signed a Memorandum of Understanding (MOU) with SERGE Capital Investment Limited on the resuscitation of Ibom Science and Technology Park.

Speaking on the occasion, the State Governor, Mr. Udom Emmanuel hinted that the Ibom Science and Technology Park is receiving priority attention from his Government as science and technology is the underpin of development across the world.

The Governor who was represented by Secretary to the State Government, Dr. Emmanuel Ekuwem said at the event that was held in his conference room that in reviving the Ibom Science and Technology Park, the State will adopt a bottom up approach to ensure that those incubated at the park would move up to set up cottage industries in the local communities.

He said the initiative is geared towards enhancing the human empowerment agenda of the State Government and promised the investors of Government’s cooperation and support in the completion of the project.

Speaking earlier, the Commissioner for Science and Technology, Prof. Nse Essien who described the event as epochal stressed that the signing of the MOU is a culmination of series of discussions with the investors on the completion of the Ibom and Science and Technology Park.

He said the State Governor, Mr. Udom Emmanuel is determined to ensure that Akwa Ibom State has become a front line State in science and technology and gave the assurance that the science and technology park when completed will open a window of vast opportunities for young scientists and innovators.

The President of SERGE Capital Investment Limited, an Australian based firm with Chinese affiliation, Mr. Greg Todd in his remarks said they will combine resources from Australia, China and the local communities to develop industry, agriculture, infrastructure and trade under a model that will be world class.

He assured that his outfit is ready to reinvent the operational philosophy of the science park in conformity with world leading technologies in order to ensure sustainable development of economic, environmental and social sectors of the State.

Mr. Greg Todd and the Company Secretary of SERGE Capital Investment Limited, Mrs. Sally Conoid signed the MOU on behalf of the company while the Commissioner for Science and Technology, Prof. Nse Essien, the Executive Chairman of Akwa Ibom Investment Corporation (AKICORP), Dr. Elijah Akpan, the Chairman of Foreign Direct Investment in the State, Mr. Gabriel Ukpe and the Permanent Secretary in the office of Secretary to the State Government, Mrs. Eno Offiong signed on behalf of the State Government.

The event featured a presentation of some inventions by Mr. Nse Esu, an Akwa Ibom budding scientist and innovator. Some of the inventions presented include, Electric Source Indicator, Automatic Source Control System, Automatic Change Over Switch, Solar Charge Controller, Automatic Water Pump Control Switch and Generator Shutdown System.