Egyptian Investors Storm Ogun - THE ENCOUNTER NEWS


Wednesday, March 9, 2022

Egyptian Investors Storm Ogun

ABEOKUTA - Representatives of Arise Integrated Industrial Platform from Egypt have visited the Ogun State to explore areas of collaboration on investment.


Speaking in Abeokuta, the State capital, at a follow up meeting with representatives of the State government, the Company’s General Manager, Urban and Infrastructure Design and Senior Manager, Urban Planning and Project Finance, Messrs. Anand Koppu and Animesh Ahaskar, respectively disclosed that their establishment has a long history of successful investment in Togo, Benin Republic, Gabon and Ivory Coast, but has decided to invest in Nigeria for the first time and considered Ogun as the best location following their initial meeting with the Governor.        

Governor Abiodun had last month embarked on business tour to some African countries to lure investors to the State.

The representatives of the Pan-African conglomerate further disclosed that it would be exploring areas such as pharmaceutical, Agro-processing, packaging materials, automobile, renewable energy, bitumen and petro-chemicals, among others for its partnership with the State.         


Responding on behalf of the State government, Commissioner for Finance and Chief Economic Adviser to the Governor, Mr. Dapo Okubadejo, maintained that the Prince Abiodun- led administration is poised to maximize the State’s potentials and natural resources, and would continue to seek and partner genuine investors to achieve this.

He reiterated the determination of the government to further develop economic policies that would translate to prosperity of the State and its people, emphasizing that the setting up of Public-Private Partnership (PPP) office, Business Environment Council, OgunInvest, on-going construction of the agro-cargo airport, development of economic clusters and special agro-processing zones, among others are some of the initiatives embarked upon to consolidate the position of the State as the investors’ destination of choice in the country. 

Underscoring the importance of PPP as catalyst to the development of the State, the Chief of Staff to the Governor, Alhaji Shuaib Salisu assured the investors of the most enabling environment for their investments.


Also in attendance at the meeting were the Commissioners for Industry, Trade and Investment, Agriculture and Forestry, Mrs. Kikelomo Longe, Dr. Adeola Odedina, and Hon. Tunji Akinosi respectively, the Director-General, Public-Private Partnership office, Mr. Dapo Oduwole, and Deputy Director-General, OgunInvest, Mrs. Fehintola Odulaja. 

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