Benin Industrial Park Secures $250m Investment

Technology News

WE have made considerable progress on our industrial park as we touched on an anchor tenant who has committed close to 250 million dollars for their operation.”

Governor Godwin Obaseki of Edo State, made this known when a World Bank Team led by Gloria Joseph-Raji, paid him courtesy visit on Tuesday in Benin.

He said that his administration had continued to make considerable progress on the Benin Enterprise and Industrial Park project. Obaseki said that the plan was to commence construction at the site before the end of the year.

“This has been confirmed. As I speak, we have two others from China and the United Arab Emirates (UAE), and we are working closely to get a commitment from them,” he said. Obaseki said his administration was focussed on building conducive business environment to scale up investment and create more job opportunities in the state.

The governor said that the state government was concentrating on key elements to improve ease-of-doing-business in the state by improving land reforms, law and order, streamlining the state revenue service and human capital development.

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