INDUSTRIALIZATION: OGUN ASSEMBLY FACILITATES LINK WITH FOREIGN INVESTORS - TMnews Magazine Online

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INDUSTRIALIZATION: OGUN ASSEMBLY FACILITATES LINK WITH FOREIGN INVESTORS

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 The Ogun State House of Assembly has played host to a delegation of the State Indigenes in diaspora, led by Demola Ibrahim, on the proposed Public Private Partnership facilitation of Smart City projects, comprising an airport and Aerotropolis, which would serve as catalyst for more private investment opportunities meant to turn around the economic fortunes of the State.

Speaker, Olakunle Oluomo, while receiving the delegation, in company of other honourable members, assured that the State Legislature would facilitate the link between the investors and  the State Government, to ensure that the State key into such laudable investment opportunities, to further empower the people of the State.

Oluomo, who spoke shortly after the presentation by the delegation at the Assembly Complex, Oke-Mosan, Abeokuta, remarked that a bill that would cover operational guidelines for public private partnership arrangements to encourage investment and promote ease of doing businesses was already before the Assembly.

He assured that Prince Dapo Abiodun- led administration remained committed to opening up the State for more local and foreign investors to establish businesses in the State.

Earlier in his remarks, the leader of the delegation, Demola Ibrahim, said the team, which consisted indigenes of the State was in partnership with reputable foreign development partners, to facilitate construction of the Smart City comprising; State of the Art Airport, Aerotropolis and e-commerce, retail space, which when operational, would place the State on the world map, as a more economically viable entity.

 Corroborating Ibrahim's view, a member of the team, Mrs. Yinka Areago, said the proposed Smart City was aimed at leveraging on the economic and geographical advantage of the Gateway State to attract more infrastructural development, employment opportunities for the teeming populace, while increasing the Gross Domestic Product of the State and nation at large.

Areago added that the facility, when operational, was capable of positioning the State and nation in general, as a more development-oriented entity, bringing about diversification of economy through massive investment in tourism, agriculture and information technology amongst others. 

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