Tinubu to declare open 2nd Ondo State Investment Summit
President Bola Tinubu will on Monday 24th July, 2023 visit Ondo state to declare open the 2nd Ondo State Investment Summit christened Develop Ondo 2.0.
The summit is scheduled to take place from the 24th to 26th of July, 2023 at the Dome International Culture and Event Centre, Akure, Ondo State.
Addressing newsmen while unveiling the summit in Akure on Tuesday, Engr. Razaq Obe, Commissioner for Energy and Mineral Resources said, “This summit marks a turning point for Ondo State, as we present an array of investment opportunities across various sectors. From agriculture to manufacturing, tourism to technology, renewable energy to infrastructural development.
Eng. Obe addressing newsmen and stakeholders
“Ondo State offers a diverse range of sectors where investors can harness the untapped potential and contribute to the growth of our economy”.
Obe who is also the Chairman,
Develop Ondo Summit Planning Committee said, “Today, we come together to foster economic growth, attract investments, and promote sustainable development in Ondo State.
“Ondo State, with its rich cultural heritage, natural resources, and strategic location, holds a special place in Nigeria’s economic landscape.
“The state’s commitment to creating an enabling environment for businesses to thrive has been remarkable.
“Ondo State boasts of a skilled, reliable workforce, a robust and swiftly growing infrastructure network, and a vibrant entrepreneurial spirit, making it an attractive destination to both local and foreign investors.
“Furthermore, Ondo State is blessed with abundant natural resources, including vast arable land for agriculture, solid minerals, and a significant coastline for maritime activities and tourism. We encourage potential investors to explore these sectors which hold immense opportunities for sustainable development, employment generation, and wealth creation.
“To support these investment efforts, the Arakunrin Akeredolu’s government of Ondo State is committed to providing an enabling business environment. We have implemented policies and reforms including the REDEEMED Agenda that promote case of doing business, protect investors’ rights, and ensure transparency. Our goal is to establish a seamless process for business registration, licensing, and approvals, reducing bureaucratic bottlenecks and encouraging investment inflows
“In addition, the state government has invested significantly in critical infrastructure projects. We recognize the vital role that infrastructure plays in facilitating business activities and attracting investments. Ondo State has embarked on ambitious projects to improve road networks, power supply, water resources, and digital connectivity.
“These infrastructural developments will enhance the ease of doing business and create an enabling environment for investors.
“ Moreover, we understand the importance of human capital development in sustaining economic growth. Ondo State has prioritized investments in education, skills training. and entrepreneurship programs to empower our youth and equip them with the necessary tools to succeed in the global economy. By nurturing a skilled workforce, we aim to provide a competitive advantage to investors and ensure long-term sustainability.
“I want to urge the business community both local and international to work together with us to unlock the vast potential of Ondo State and harness its resources for the benefit of our people and hope for our posterity”.
