Mr Andy Edobor, the newly elected president of BENCCIMA, spoke on the plan in Benin, during the 47th Annual General Meeting of the body.
Edobor, who was interim president before his election, said his administration would revamp activities of the chamber, boost business activities in the state and develop the trade fair complex.
He noted that the complex, which covered about 6.4 hectares, lacked basic infrastructure and was in dire need of renovation and development.
“We want to develop the trade fair complex; we don’t want to leave it fallow.
“We intend to build a shopping mall, event centre and bring other business ventures into the complex, while we still leave enough land for trade fair exhibitions.
“We want to partner with the banks to invest in these projects through the Private-Public Partnership,” Edobor said.
He said that his interim administration carried out laudable projects such as renovation and electrification of the BENCCIMA secretariat and strengthened partnership with the state government.
According to him, the chamber has also entered into an agreement with a group of companies to organise the 2014 and 2015 editions of the Edo trade fairs.
Edobor said that the proposed trade fairs would be organised at a venue outside the trade fair complex due to lack of infrastructure and the poor state of roads leading to the complex.
The president urged the state Ministry of Commerce and Industry (MCI) to partner more with the chamber toward boosting business activities in the state.
Also speaking, the Permanent Secretary, MCI, Ms Osayuware Idahosa, commended the management of BENCCIMA over the ongoing transformation at the trade fair complex.
Idahosa said her ministry was willing to collaborate with the chamber to promote commercial activities so that wealth could be generated and jobs created for the people of the state.
Apart from electing Edobor as President at the meeting, Chief Benjamin Ezekwere was elected as Deputy President and Mrs Aina Omo-Oteonu, as Vice-President.
Others elected were Miss Blessing Irabor, as Publicity Secretary and Mr Alex Esangbedo, as council member.