The Ogun State Government and the New South Group management of the Ogun
\nGuangdong Free Trade Zone, Igbesa have reaffirmed their commitment to
\nprovide adequate security and develop needed infrastructure in the Zone.<\/p>\n
This was disclosed at the weekend by the new managers and operator of the
\nZone, Guangdong New South Group following a meeting with officials of the
\nState Government led by Secretary to the State Government, SSG, Taiwo
\nAdeoluwa.<\/p>\n
A statement by the Zone\u2019s management said \u201cthe New South Group is
\nappreciative of the support from the Ogun State Government and Federal
\nGovernment agencies to ensure a systematic and sustained growth and
\ndevelopment of business in the Zone. This support has in no small way
\ncontributed to the smooth operation of business enterprises in the Zone\u201d<\/p>\n
The firm, which owns the controlling shares in the Zone said with the
\nencouragement from Government, \u201cwe are already making efforts to attract
\nmore foreign investments to the Zone, with two of them now in the process
\nof registration, while about 10 new investors from China have begun moves
\nto visit the Zone.\u201d<\/p>\n
While expressing commitment to the infrastructural development of the
\nZone, the Chairman of New South Group, Mr Chen Yuejin said \u201cwe have
\ndesigned our short term planning for the provision of infrastructure
\nneglected by former managers, Zhongful for four years, by building a new
\nmain gate, new office building for our staff and resident government
\nagencies, comfortable residence for our staff and resident government
\nagencies, well equipped medical centre, leisure and entertainment centre,
\nsports centre and others.\u201d<\/p>\n
\u201cWe are also cooperating with the Ogun State Government on the
\nconstruction and expansion of the road connecting the Zone to Lagos. We
\nhave also discussed with the State Government and other relevant security
\nagencies for strengthening the security within the Zone to ensure all
\nround safety of property and persons doing business in the Zone\u201d, he
\nadded.<\/p>\n
While also thanking the Government of the Peoples Republic of China for
\nproviding them the necessary support to run their legitimate business
\ninterest in Nigeria, he said \u201cthe Chinese government, through a Diplomatic
\nNote 1601, dated March 11, 2016, notified the Ogun State Government that
\nthe Guangdong New South Group (rather than Zhongfu International
\nInvestments) are the ones authorized to manage the Ogun Guangdong Free
\nTrade Zone.\u201d<\/p>\n
Expressing belief in the ability of Guangdong New South Group to develop
\nthe Zone to the envy of all, Mr. Adeoluwa said contrary to allegations of
\narbitrariness, abuse of power and unfriendliness to foreign investors,
\nleveled by former operators of the Zone, the Ogun State Government is
\nindeed investor friendly and happy to work with genuine investors, either
\nfrom within Nigeria or from any part of the world.<\/p>\n
\u201cThis, is evident in the number of industries, both local and
\ninternational, that have since birthed in Ogun State within the last five
\nyears. That is why, today, Ogun State is the industrial hub of Nigeria,
\nattracting the highest number of industries in the country,\u201d he said.<\/p>\n","protected":false},"excerpt":{"rendered":"
The Ogun State Government and the New South Group management of the Ogun Guangdong Free Trade Zone, Igbesa have reaffirmed their commitment to provide adequate security and develop needed infrastructure…<\/p>\n","protected":false},"author":1,"featured_media":44185,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[5],"tags":[],"class_list":["post-53071","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"yoast_head":"\n