Ondo Moves To Attract $2bn Investments

Acting governor of Ondo State Lucky Orimisan Aiyedatiwa has expressed the readiness of the Governor Oluwarotimi Akeredolu-led government to attract $2 billion in investments to the state.

He said the administration would create 70,000 new jobs and engage with 100 donor partners and 1,500 investors with the ongoing “Develop Ondo 2.0 Investment Summit”.

Addressing a gathering yesterday at the unveiling of the 2nd “Develop Ondo 2.0 Investment Summit”, tagged:  “Developing Possibilities”, held at the International Culture and Event Centre (the Dome), Akure, the state capital, Aiyedatiwa said the state is poised to attract significant investments in gas adoption and related industries.

He said these targets demonstrate the present administration’s ambitious vision for a vibrant and thriving economy that uplifts the people of the state and enriches their lives.

According to him, the development was to re-echo the unwavering commitment of the administration of Governor Oluwarotimi Akeredolu towards fostering economic growth, creating jobs, and improving the lives of the people of the state.

His words, “This summit is the second of its kind, building upon the success of its precursor, “Develop Ondo 1.0.’ It serves as a platform to connect stakeholders from diverse sectors, facilitating constructive dialogue, knowledge sharing, and the forging of strategic partnerships that will be the catalyst for accelerated development in our state.

“The “Develop Ondo 2.0” theme reflects our unwavering commitment to growth and progress, with the number “2.0” symbolising our drive for continuous improvement and innovation”.

While noting that the response from potential investors thus far has been highly encouraging, with growing interest in exploring the investment opportunities that the State offers, Aiyedatiwa said “Our previous summit has borne witness to remarkable success stories, illustrating the effectiveness of this platform in attracting investments and fostering economic growth in our state and enormous values to our partners and investors.’’