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More than 100 local and international investors have gathered in Ondo State for the Ondo Investment Summit, with the state government expressing confidence that the event will boost private sector growth and draw significant new investments into the state.
According to the Special Adviser to the Governor on Entrepreneurship Development and Chairman of the Investment Committee, Summy Smart-Francis, who addressed journalists over the weekend, the summit, themed “The New Order: Forging a Pathway to Prosperity,” connects investors with viable projects across critical sectors of the state’s economy.
“We are bringing together serious investors who are ready to commit resources to Ondo State. No less than 100 of them. Our focus is on investments that will create jobs, empower entrepreneurs, and fast-track industrialisation,” Smart-Francis said.
Other government officials who spoke expressed optimism that the event would achieve its intended goal.
The Chief Executive Officer of the Ondo Development and Investment Promotion Agency (ONDIPA), Emmanuel Omomowo, disclosed that the Lucky Aiyedatiwa administration is committed to creating multiple sectors for investors, including solid minerals, blue economy, bitumen, agriculture and silicon.
He added that the state government has implemented measures to ensure a seamless take-off for businesses.
A member of the summit committee, Razaq Obe, assured investors that a follow-up mechanism has been put in place to convert investment interests into tangible projects.
“We are committed to ensuring that every serious investor gets the necessary support. There will be quick follow-ups, policy clarity and an enabling environment to help businesses thrive,” said Obe.
