Amosun Pulls $1.2b Chinese Investment To Ogun

Amosun

Governor Ibikunle Amosun of Ogun State says he was able to secure $1.2 billion investment from China to the state during his one-week work visit to the Asia country with President Muhammadu Buhari.

This was disclosed in a statement issued by Senior Special Assistant on Media to the governor, Adejuwon Soyinka.

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During the visit, Amosun participated in the Nigeria-China Business Forum, which drew attendance from about 100 Nigerian businesses and 300 Chinese firms.

According to the governor, during the trip, many fruitful business meetings were attended and a number of agreements with the Chinese were sealed.

The agreements, which hold huge prospects of further enhancing the economic fortune of Ogun State, are in line with the Governor Amosun-led administration’s Mission to Rebuild the gateway state.

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Some of the agreements announced and signed during the visit include a $1 billion deal for the establishment of a Hi-tech industrial park in Ogun-Guangdong Free Trade Zone located at Igbesa.

In the course of the visit, the Ogun-Guangdong Free Trade Zone and CNG (Nigeria) Investment Limited also signed an agreement valued at $200 million for the construction of two 500MT/day float gas facilities.

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