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.

ALSO READ  JCI Nigeria Announces Young Entrepreneur Awards, Calls for Entries

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.

ALSO READ  Buhari Seals Paris Agreement On Climate Change

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.

Share This Post

Leave a Reply

%d bloggers like this: