13 September 2007
Lagos — Efforts of the Engr. Segun Oni led Ekiti State government to attract local and foreign investors to the state have continued to yield results as the Vietnamese Government has joined the league of investors wishing to invest in the state.
Mr. Van Pham Cong, Trade Counselor of Vietnam Trade Office in Nigeria, expressed this position when he visited the governor yesterday. The Counselor said he was in the state to explore possibility of investment collaboration bet-ween Ekiti State and Vietnam.
He disclosed that his country is interested in investing in the agric sector, especially cassava plantation for local production of starch, ethanol.
Other areas of interest include cashew plantation, building and construction to involve production of building materials from local raw materials, skill acquisition and vocational training for setting up of cottage industries in areas like paint making, clay burning, wood processing and so on.
"On behalf of the Vietnam Trade Office of Socialist Republic of Vietnam in Nigeria, I am particularly calling on the Governor, Engr. Segun Oni, to join hands with me, to chart a path forward for the Nigeria-Vietnam Bilateral Investment collaboration; generally we shall be expecting cooperation from the State Government in identifying areas which the Vietnam Technical expertise and Funding could be sourced for the mutual benefit of Ekiti State people and Vietnam investors," Cong said.
Responding, Oni thanked the Vietnamese government for taking interest in the state. He said the focus of his administration is to open up Ekiti state to local and foreign investors and that explains why he has taken the task of creating an enabling environment very seriously.
His words; "This administration is passionate about opening up of the state to local and foreign investors. We want to create jobs for our people and also increase our Internally Generated revenue so as to reduce dependence on the federation account.
"Therefore, we shall continue to make Ekiti State investors friendly by removing all identified obstacles."
"Already, the process of securing Certificate of Occu-pancy (C of O), which used to be cumbersome has been so simplified that it is now possible to get C of O within 10 working days. We are also making efforts to improve power supply while roads are being constructed to make all town and villages in the state accessible."
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