Mimiko Woos Investors In Diaspora


The Governor of Ondo State, Dr. Olusegun Mimiko, has called on Nigerians living in  the Diaspora, to visit the state, so as to partake in the myriad of investment  opportunities currently opening up in the area.

Dr. Olusegun Mimiko, Ondo State Governor.

The governor threw up the invitation, while declaring open a trade exhibition, held  at the USA-Nigerian Business Forum, in Atlanta, Georgia, USA.

Speaking through his Senior Special Assistant on International and Diaspora Affairs,  Mrs. Remi Duyile, the governor disclosed that the state government was offering  special concessions to investors, wishing to engage in development projects in the  state.

According to Mimiko: “Ondo State which has a population of nearly four million  people and a land mass of about 16,000 kilometres sq, is blessed with a variety of  mineral and natural resources.”

“Foremost in the rich endowments of the state, are huge deposits of oil and gas,  both of which exist in abundance, onshore and offshore,’ he added.

The governor pointed out that the state is reputed for having one of the largest  deposits of bitumen in world, stressing that the mineral resource had the potential  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 global  recession, there was urgent need for individual nations and their component states  to evolve ways and strategies of sustaining their economic growth and creating a  good life for their people.

It is within this context, he said, that international collaboration and  partnerships is proving to be the most worthwhile and more rewarding option.

Mimiko urged prospective investors to take advantage of the Olokola Free Trade Zone  in the state, which he noted, is pregnant with opportunities for extensive maritime  port operations, as well as ship building and repairs prospects.

These aside, he said, other categories of investors, could partner with government  in the commercial exploitation of agricultural resources like cocoa, rubber, timber,  palm produce and cassava as well as the processing of gemstones, sand tar, limestone  deposits and granite.

He gave assurance that policies that will sustain a conducive investment climate  would be maintained by the government, adding that a public/private partnership  drive will continue to engage priority attention of the state government.

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