Economy featured Osun

Economic Summit: 22 Investors Show Interest In Osun

Economic Summit: 22 Investors Show Interest In Osun
  • PublishedNovember 21, 2019

 

.as Oyetola signs Executive Order establishing Osun Investment and Promotion Agency

As the 2019 Osun Economic and Investment Summit came to an end on Thursday, no fewer than 22 investors have shown interest in partnering with and investing in the state.

The investors both local and international also reaffirmed their commitments to partner with the state by expanding the scope of their businesses.

They signified their readiness to explore the potentials of the state in the areas of agriculture, mining, infrastructure, health, education and Information and Communication Technology.

Some of the ready partners and investors are: Ms Manisha Dookhony, the Managing Director Rwenzon Consulting; Dr. Segun Aina, President, African Fintech Network; Mr. Muraina Oyelami, Painter/Performing Artiste; Mr U.G Muhammed, Transmission Company of Nigeria among others.

Ms Dookhony said her organisation was ready to partner with the state in setting up the necessary policies and providing immediate solutions towards creating an enabling environment while Mr Muhammed pledged to partner the state to boost its power sector by providing four Sub-Stations in Osogbo, Ede, Iwo and Ife as well installing DPGW Cables from the state to several locations around the country.

They promised to explore the investment opportunities created by the government.

While declaring the Summit closed, Governor Adegboyega Oyetola, said the state would continue to provide enabling environment for every investor to thrive and every business partner to succeed.

He said the state would continue to strengthen all existing frameworks to protect businesses as well as honouring all commitments.

Governor Oyetola who announced the signing of the Executive Order establishing Osun Investment and Promotion Agency, said the decision was taken to further demonstrate the state’s commitment to socio-economic development.

He assured the investors and development partners of government’s resolve to turn Osun into an enviable investment hub.

“I believe that with the support of our partners, we can put up a formidable front through which we can collectively accelerate development and take our beloved State to the most enviable height ofdevelopment.1

“I wish to state unequivocally that I commit myself fully to working with all our valued investors and development partnersto deliver on the lofty ideas.

“I am aware that, in the course of this Summit, many relationships, just as we desired a number of exciting informal and formal business discussions, have been birthed. I am told by the secretariat that not less than 45 business-to-business and business-to-government of such formal conversations took place.

“We will be following up on these discussions, with a viewto providing the necessary support required to translate thediscussions into reality.

“As part of efforts towards implementing the outcome of this Summit, I am happy to inform this gathering that I have just signed the Executive Order establishing the State’s Investment and Promotion Agency. This is to further demonstrate our seriousness and commitment to ease of doing business in our State.

“As I said in my Opening Speech, we are a law-abiding State. We are Omoluabi. Our words are our bond. We will be guided by the law as a responsible government.

“We shall also strengthen all existing frameworks to protect businesses.

“Rest assured that your businesses are safe in Osun.I must register my profound and heartfelt appreciation to all our distinguished resource persons, investors, development partners and participants for making this event a huge success”.

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