Lagos State
Government has said the proposed medical park that will cost a
consortium of investors from the United States of America, about N49
billion will be completed within the next 20 months in Ikoyi area of the
state.
The Special Adviser
to the Lagos State governor on Overseas Affairs and Investment, Dr
Ademola Abass, who disclosed this to journalists, said a total of 139
investment proposals had been received since the creation of the Office
of Overseas Affairs and Investment, last year.
He added that the
investment proposals totaling $34 billion currently receiving the
consideration of Lagos State Government cut across sectors of the
economy, including infrastructure, environment, health, manufacturing,
real estate and transportation.
Abass said a
proposal to manufacture pencils has been approved by the state executive
council and land already allocated for the factory in Epe.
"Since inception of
this administration, investors have shown considerable interest in
tapping into the investment opportunities in Lagos, and so far, we have
received investment propositions approximately worth $43 billion.
"The state
government has approved a good number of investment proposals out of the
139 that are at various stages of consideration at the Office of
Overseas Affairs and Investment," said Abass.
He said critical
sectors with huge potential had been identified and scanned which
investors can take advantage of. These include transportation, tourism,
health, power, agriculture and housing.
Abass explained
that within transportation sector, investors were expected take up
construction and maintenance of jetties and roads as well as the
operation of mass transit buses and rail system.
In the power
sector, he said opportunity existed for the generation least 9,000 MW of
electricity, while in tourism, investors stand to reap from protection
and preservation of beaches, convention centers, hotels and motels,
casinos, holiday resorts, amusement and parks.
He also pointed to
opportunities in modern abattoirs, agro processing for export, storage
facilities, dairy farming, livestock feeds production and development of
settlements in the agricultural.
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