Ogun Attracts $2.1billion Foreign Investment in April

Governor Ibikunle Amosun of Ogun State has said the state attracted about $2.1 billion in investment from China in April.

The governor, who disclosed this at the Ogun State Investors’ Forum 2016 in Abeokuta with the theme: ‘Agriculture, Environment and Transportation,’ said the investment was directed mainly at the development of a railway and free trade zones.

Amosun stated that more investments were needed to realize the state’s full potentials, saying the master-plan, which is the statutory policy of government, guiding the physical development of Ogun, captures many areas where discerning investors may wish to put their money to secure attractive returns.

He said Ogun is endowed with favorable climate and good vegetation for all year cultivation of various cash and food crops as well as livestock rearing.

The governor added that agriculture and agro-industries provide immense investment and business opportunities for international and indigenous investors.

He stated that the state has entered into collaborations with Lafarge Holcim Africa and the Nigeria Sovereign Wealth Fund for the restoration of Aworo and Imeka forest reserves

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