By Banji Ayoola
A conglomerate of Chinese investors is working with the Ondo State Government to establish a multi-sector industrial hub in the state.
It would embrace the Agriculture; Manufacturing; and Oil and Gas with particular emphasis on gas cylinders production for domestic use.
Already, the state government has assured the conglomerate of a conducive business environment and that the state is open to credible investors who are ready to partner the state in the ongoing efforts at galvanising the state’s industrial development.
At a meeting with Governor Oluwarotimi Akeredolu, SAN, by a 14-man delegation, the conglomerate assured that the agricultural component of the investment hub would centre on meat production exclusively for export.
The leader of the team, Mr. Steve Jing Changsheng, also said that investors on Chinese Herbal Medicine are prepared to establish a production hub in state to tackle some intractable ailments giving the global community some concerns.
Changsheng, who spoke through a Chinese interpreter said the divergent economic potentials of Ondo State informed their interests in the Sunshine State.
In his speech, the governor assured that with the avalanche of resources in natural, agrarian and minerals, any investment in the state would bring geometric returns.
He told the team that the hub for the three core business areas which include, Industrial, Agricultural and Herbal Medicine Production will be sited in each of of three Senatorial Districts of the state after considering nearness to raw material needs.
Akeredolu recalled the facilitation by his administration through which investors from the Chinese City of Lynin, are already operating about seven different companies at the Ore Industrial Hub.
He assured that the new investors would have in Ondo State a home like no other place.
