Vice President, Professor Yemi Osinbajo has performed the groundbreaking ceremony of the N200 billion Benin Industrial Park at Iyanomo in Ikpoba Okha Local Government Area of Edo State.
Speaking at the event, Prof. Osinbajo said the industrial park will create 170, 000 direct and indirect jobs and would contribute significantly to the country’s manufacturing sector.
He commended the Governor of Edo State, Godwin Obaseki, for the huge public-private investment initiative. The Vice President expressed optimism that the industrial park would not only lead to job creation but bring down the cost of goods and services in the state and country at large, change the face of the Nigerian economy and unleash its industrial potential.
He assured of the federal government’s readiness to support the project and see to its completion. Earlier, Governor Obaseki said the industrial park at Iyanomo is the first in the series of parks his administration intends to establish in the state to make Edo an Industrial hub. The governor said that the park, which is a public-private partnership initiative was designed by Mahindra Engineering and would conform to 21st Century standard.
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