Guangdong Free Trade Zone, Igbesa have reaffirmed their commitment to
provide adequate security and develop needed infrastructure in the Zone.
This was disclosed at the weekend by the new managers and operator of the
Zone, Guangdong New South Group following a meeting with officials of the
State Government led by Secretary to the State Government, SSG, Taiwo
Adeoluwa.
A statement by the Zone’s management said “the New South Group is
appreciative of the support from the Ogun State Government and Federal
Government agencies to ensure a systematic and sustained growth and
development of business in the Zone. This support has in no small way
contributed to the smooth operation of business enterprises in the Zone”
The firm, which owns the controlling shares in the Zone said with the
encouragement from Government, “we are already making efforts to attract
more foreign investments to the Zone, with two of them now in the process
of registration, while about 10 new investors from China have begun moves
to visit the Zone.”
While expressing commitment to the infrastructural development of the
Zone, the Chairman of New South Group, Mr Chen Yuejin said “we have
designed our short term planning for the provision of infrastructure
neglected by former managers, Zhongful for four years, by building a new
main gate, new office building for our staff and resident government
agencies, comfortable residence for our staff and resident government
agencies, well equipped medical centre, leisure and entertainment centre,
sports centre and others.”
“We are also cooperating with the Ogun State Government on the
construction and expansion of the road connecting the Zone to Lagos. We
have also discussed with the State Government and other relevant security
agencies for strengthening the security within the Zone to ensure all
round safety of property and persons doing business in the Zone”, he
added.
While also thanking the Government of the Peoples Republic of China for
providing them the necessary support to run their legitimate business
interest in Nigeria, he said “the Chinese government, through a Diplomatic
Note 1601, dated March 11, 2016, notified the Ogun State Government that
the Guangdong New South Group (rather than Zhongfu International
Investments) are the ones authorized to manage the Ogun Guangdong Free
Trade Zone.”
Expressing belief in the ability of Guangdong New South Group to develop
the Zone to the envy of all, Mr. Adeoluwa said contrary to allegations of
arbitrariness, abuse of power and unfriendliness to foreign investors,
leveled by former operators of the Zone, the Ogun State Government is
indeed investor friendly and happy to work with genuine investors, either
from within Nigeria or from any part of the world.
“This, is evident in the number of industries, both local and
international, that have since birthed in Ogun State within the last five
years. That is why, today, Ogun State is the industrial hub of Nigeria,
attracting the highest number of industries in the country,” he said.
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