Ogun state government says two new factories are to be commissioned in the state this month as the 2016 edition of Ogun State investors forum, comes up next week in Abeokuta.
Governor Ibikunle Amosun who made this known in Abeokuta while unveiling the 2016 investors forum, said the promoters of the two plants are ready to invest between N100 billion and N200 billion in the state.
Amosun said investors are now rushing to the state, which has emerged as Nigeria’s industrial hub, due to the last two editions of the investors forum held in 2012 and 2014.
Since the 2014 edition, the Governor said 90 investments had been attracted to the state.
In anticipation of the rush of investors into the state, the governor said his administration has been investing massively in infrastructural projects.
He said the state government was ready to pay its counterpart funding to the China Engineering and Construction Corporation (CECC) to kickstart the construction of the light rail project that will connect Abeokuta with major towns in the state