A group of Chinese investors have shown interest in establishing an industrial park in Ago-Iwoye, Ogun State.
The investors, led by Zheng Xiaopeng, made this known on Saturday, 14th October, 2023, during a business round table at the palace of Ebumawe of Ago-Iwoye, Oba Abdul-Razaq Adesina Adenugba.
At the meeting which had in attendance some Ago-Iwoye indigenes from the corporate world, Xiaopeng said Ago-Iwoye was chosen for the industrial park because of its strategic location and availability of human and natural resources.
He said his fellow investors would go into manufacturing, agriculture, mining, renewable energy and tourism businesses when the industrial park is established.
Xiaopeng, who described Ogun State as a home for Chinese businessmen, confirmed that some of his colleagues have been operating businesses in some neighbouring towns, adding that establishing an industrial park in Ago-Iwoye will further boost their businesses.
He assured that Ago-Iwoye will benefit immensely from the industrial park, as the economy of the town will receive a big boost.
Great Achiever Magazine reports that other Chinese investors who spoke at the meeting expressed their readiness to do business in Ago-Iwoye, advising the people of the town to be friendly hosts.
Oba Adenugba, while welcoming the investors to his palace, expressed his joy at the limitless opportunities which the industrial park will bring to Ago-Iwoye and its people.
The monarch gave assurance that he will give the investors free land in their choice areas within the town, while urging them to give employment to the people of Ago-Iwoye when the industrial park is fully operational.
Speaking at the meeting, an indigene of Ago-Iwoye, Maj. Gen. S.A Awosanya, who is the founder of Aletheia University, Ago-Iwoye, said the proposed industrial park is a welcome development.
He advised the Chinese investors to do due diligence in whatever business they want to do at the industrial park.
Awosanya said the mining business calls for careful consideration because of its environmental impact on the host community, asking any of the investors who want to go into mining business to put in place measures to mitigate the impact.
He urged the investors to also give attention to agriculture which takes pride of place in the community.
Another indigene of Ago-Iwoye, Oluomo Femi Bakre, the Managing Director and Chief Executive Officer, Parallex Bank, commended the Chinese investors for making Ago-Iwoye as the destination for the industrial park.
Bakre expressed the willingness of Parallex Bank to partner with the investors and support their businesses.
He urged the investors to take the full advantage of peaceful environment of the town and hasten their decision in birthing the industrial park as soon as possible.
In the same vein, a banker and indigene of Ago-Iwoye, Mr Wale Osisanya, who is the Managing Director of Gateway Mortgage Bank, Abeokuta, said the Chinese investors have taken a right decision by identifying Ago-Iwoye as the location for the industrial park.
He assured of his bank's financial services to the investors at all times.
The Permanent Secretary, Ogun State Ministry of Culture and Tourism, Mrs Oluwatosin Oloko, in her remarks commended the Chinese investors for their decision to build an industrial park in Ago-Iwoye, adding that Ogun State will continue to be the preferred choice for investors because Prince Dapo Abiodun-led administration has continuously provided the enabling environment for businesses to thrive in the state.
She said the investors have made the right choice by coming to Ago-Iwoye, a town that is known for its exploits in Agriculture, particularly production of Kolanuts and Cocoa.
She further gave assurance that Ogun State will continue to encourage investors by putting in place government policies that will aid ease of doing business.
Dr. Seye Awojobi, a business consultant and retired Registrar of Chartered Institute of Bankers (CIBN), who is also an indigene of Ago-Iwoye, while coordinating the meeting said Ago-Iwoye is open for business and advised the Chinese investors to explore the several opportunities that abound in the town.
He assured the investors of safety of their businesses in Ago-Iwoye, while pointing out that the industrial park will bring about a mutually beneficial relationship between the investors and the people of Ago-Iwoye.
Great Achiever Magazine reports that Hon. Segun Kaka, an indigene of Ago-Iwoye and a member of Ogun State House of Assembly, representing Ifelodun Constituency facilitated the round table meeting.
Hon Kaka, while speaking with reporters said his decision to bring the Chinese investors to Ago-Iwoye was borne out of his genuine love and commitment to the development of his community.
The lawmaker said he has always been exploring ways to contribute his quota to the development of Ago-Iwoye, hoping that the industrial park will boost the economy of Ago-Iwoye in particular and Ogun State at large.
The highpoint of the event was the conferment of Chieftaincy title of Gbajewole of Ago-Iwoye on Zheng Xiaopeng by Oba Abdul-Razaq Adesina Adenugba.
Some of the notable indigenes of Ago-Iwoye who also attended the meeting are: Aare (Alhaji) Safiriyu Kazeem, Managing Director, SAF Petroleum, Yomi Ogunsanu, Publisher, Great Achiever Magazine, Kola Lawal, Otunba Arowolo, Sapenuwa of Imosu, Otunba Ramon Odunsi, Mefu of Igan and Prince Biodun Onalaja.
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