7th December, 2010
The Governor of Ondo State, Dr. Olusegun Mimiko, has called on Nigerians living inÂ the Diaspora, to visit the state, so as to partake in the myriad of investmentÂ opportunities currently opening up in the area.
The governor threw up the invitation, while declaring open a trade exhibition, heldÂ at the USA-Nigerian Business Forum, in Atlanta, Georgia, USA.
Speaking through his Senior Special Assistant on International and Diaspora Affairs,Â Mrs. Remi Duyile, the governor disclosed that the state government was offeringÂ special concessions to investors, wishing to engage in development projects in theÂ state.
According to Mimiko: â€œOndo State which has a population of nearly four millionÂ people and a land mass of about 16,000 kilometres sq, is blessed with a variety ofÂ mineral and natural resources.â€
â€œForemost in the rich endowments of the state, are huge deposits of oil and gas,Â both of which exist in abundance, onshore and offshore,â€™ he added.
The governor pointed out that the state is reputed for having one of the largestÂ deposits of bitumen in world, stressing that the mineral resource had the potentialÂ of turning the fortunes of any investor into a fairy tale of success.
Mimiko noted that in a scenario where the whole world was being challenged by globalÂ recession, there was urgent need for individual nations and their component statesÂ to evolve ways and strategies of sustaining their economic growth and creating aÂ good life for their people.
It is within this context, he said, that international collaboration andÂ partnerships is proving to be the most worthwhile and more rewarding option.
Mimiko urged prospective investors to take advantage of the Olokola Free Trade ZoneÂ in the state, which he noted, is pregnant with opportunities for extensive maritimeÂ port operations, as well as ship building and repairs prospects.
These aside, he said, other categories of investors, could partner with governmentÂ in the commercial exploitation of agricultural resources like cocoa, rubber, timber,Â palm produce and cassava as well as the processing of gemstones, sand tar, limestoneÂ deposits and granite.
He gave assurance that policies that will sustain a conducive investment climateÂ would be maintained by the government, adding that a public/private partnershipÂ drive will continue to engage priority attention of the state government.