Cross River State private sector represents a unique model amongst the State of the region as a result of FDI and DDI success stories over the years.

Since the inception of democracy from 1999 to date, the government in collaboration with the private sector and other stakeholders has developed a vibrant and sophisticated economy with strong infrastructure and political stability. The private sector represents an important component of the State modern history.

History records that Businessmen , traders, and the private sector took a number of initiatives that marked out their breath of vision and ability to forecast the future despite the long dominance of military governance and modest resources available at the time when these initiatives where launched. These lead to the establishment of the vibrant institutions such as the Calabar Chambers of Commerce and Industries, amongst others.

The focus in recent years for Cross River State private sector activity has been in key areas, such as: Agriculture, Tourism, Mining, Manufacturing, Hospitality, Health, Energy and Power, Oil and Gas, Education, ICT, Infrastructure and Services.