Governor Ambode performs pre-launch of $50m factory in Lekki Free Zone

Governor Ambode performs pre-launch of $50m factory in Lekki Free Zone

- The pre-launch of a $50 million manufacturing plant in the Lekki Free Zone has been performed by Governor Akinwunmi Ambode of Lagos state

- The governor, who performed the pre-launch on Sunday, April 7, expressed optimism that the facility would go a long way in job creation

- According to Ambode, the facility is another success story of the efforts of the government in attracting investment

Governor Akinwunmi Ambode of Lagos state on Sunday, April 7, performed the pre-launch of a $50 million manufacturing plant in the Lekki Free Zone, and expressed optimism that the facility would go a long way to create more jobs.

Speaking at the pre-launch of the factory belonging to Longrich, a Chinese firm, the governor said the facility would also boost the nation’s foreign exchange earnings, News Agency of Nigeria (NAN) reports.

Legit.ng gathers that Ambode said that the facility is another success story of the efforts of the government in attracting investment and an eloquent confirmation of the strategic importance of the free trade zone to the state’s economy.

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He said that no less than 25 companies had set up their manufacturing plants within the zone, saying that it was indeed gratifying that the efforts to drive investments were yielding positive results.

Ambode said that the most important thing to him was that whether in government or outside of government, factories were springing up in the zone, thereby creating job opportunities for the people and improving the economy of the state.

According to the governor, one of the most fulfilling feelings in life is to see one’s efforts yielding positive results.

Ambode said: ”It gives me immense satisfaction to be here today to witness this pre-launch of Longrich Nigeria Manufacturing Plant to be located in the Lekki Free Zone in Lagos State, Nigeria.

”At the inception of this administration, one of our core focus areas was attracting investments to our state; to create employment opportunities for our people and wealth for our investors.

”Today’s event is one of those crowning moments that confirm that our efforts have been rewarded.”

He commended Longrich Group of Companies for the decision to site the $50million factory in Lagos of all the cities and countries in Africa, saying the state and the country stand to benefit immensely from the investment.

”I have been informed that this Lekki Longrich facility, upon completion, will not only be the hub for the distribution of the products to the African sub-region but will provide employment for at least 1,000 new workers in our state.

”It will boost the nation’s foreign exchange earnings from exportation of manufactured products to other African countries.

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”If we go by the success story of Longrich in China and the company’s track record, there is no doubt that Longrich Nigeria will be modelled after the world class LONGLIQI Bio-Industrial Park in China which covers an area of more than 133 hectares and serves as location of LONGLIQI Bio-Science Co., Ltd."

Meanwhile, Legit.ng previously reported that the Lagos state governor Akinwumi Ambode, described the national leader of the All Progressives Congress (APC), Bola Tinubu, as a leader worthy of emulation and celebration.

While delivering the keynote speech at the 11th Bola Tinubu Colloquium in Abuja on Thursday, March 28, Governor Ambode said Tinubu spearheaded the APC's victory at the presidential, governorship, National Assembly, states House of Assembly elections across Nigeria.

NAIJ.com (naija.ng) -> Legit.ng We have updated to serve you better

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Source: Legit

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