Ondo state Governor assures investors of conducive environment

Ololade Justin, Akure.

Logo of Ondo state, South-West Nigeria.

The Ondo State Governor, Oluwarotimi Akeredolu, SAN, has assured a
conglomerate of Chinese Investors desirous of establishing a
3-multisector business investments in Ondo state of a conducive

The Governor said that Ondo State was open to credible investors. He
gave assurance that with the avalanche of natural and agrarian resources and minerals, any investment in the state would bring
geometric returns.

The Governor said the hub for the three core business areas which include, Industrial, Agricultural and Herbal Medicine Production will be sited in each of the three Senatorial Areas of the state after considering nearness to raw material needs.

The Governor who recalled the facilitation of his administration
through which investors from the Chinese City of Lynin operating about
seven different companies at the Ore Industrial Hub, said the new
investors would have in Ondo State a home like no other place.

The leader of the 14-Man Business Delegation who spoke through a
Chinese interpreter, Mr. Steve Jing Changsheng, said the divergent
economic potentials of Ondo State informed their interests in the
Sunshine State.

He said the proposed Industrial Hub would include
Manufacturing, Oil and Gas and particularly the production of Gas
Cylinders for domestic use.

Mr. Changsheng also said that the Agricultural component of the
investment hub would centre on meat production, not for local
consumption but for export, adding that the investors on Chinese
Herbal Medicine was prepared to establish a production hub in the state to tackle some intractable ailments giving the global community some

The Deputy Governor , Mr Agboola Ajayi led a number of the State
Executive Council, Management of Ondo State Development and Investment Promotion Agency, ONDIPA with Permanent Secretaries of some strategic Ministries to join the State Governor to receive the visiting Chinese Investors.

Amaka E. Nliam