ODSG Signs MoU For The Establishment Of Industrial Park At Ore

In his unbridled desire to transform Ondo State economy from civil servants driven to industrialized economy and his unwavering commitment to the provision of an enabling environment for investors to thrive, Ondo State Governor, Arakunrin Oluwarotimi Akeredolu, SAN again led top officials of the State Government on Tuesday February 13, 2018 to sign three Memoranda of Understanding.

The first MoU is for the development, operation and management of a modern industrial park on 1,000 hectares of land at Obatedo /Omotosho -Ore. The MoU was signed between the State Government and Hessmac Industrial Limited.

The Secretary to the State Government, Ifedayo Abegunde signed other two MoUs between the State Government & Agtho Machants and Company Limited and Incorporated Trustee of Peace & Project.

In August 2017, the State House of Assembly passed into law an Act for the establishment of the Ondo State Development and Investment Promotion Agency, ONDIPA to make the State the investment hub; a first choice investment destination in Nigeria.