OSUN SEEKS SWEDISH INVESTMENTS IN KEY ECONOMIC SECTORS

Osun State government has sought investment opportunities into the key sectors of the economy such as Tourism, ICT, Agriculture, Commerce and Infrastructure from investors across the length and breadth of Sweden.

This was disclosed by the Honourable Commissioner for Commerce and Industry, Rev. Bunmi Jenyo during a follow-up pitch visit to the Sweden Embassy in Abuja on Monday.

The follow-up pitch visit to the Swedish Ambassador, Mrs Annika Hahn-Englund in her official residence was aimed at strengthening bilateral trade relations as well as attracting Swedish Investments to Osun State.

Rev. Jenyo who thanked the Swedish Ambassador for her warm reception, also reaffirmed the State's commitment to providing an enabling environment for businesses to thrive.

According to the Commissioner, the visit was to fine-tune the business relationship between Sweden and Nigeria with emphasis on the abundant economic potential of Osun State, positioning it as a befitting destination for Swedish investors.

He explained the State government's relentless efforts to transform the agricultural sector into a technology-driven economy through Agritech initiatives. He highlighted opportunities for investors in Agriculture and other sectors, where technology-driven farming and processing initiatives are in the pipeline.

"The transportation sector, with development of metro line transport infrastructure for efficient movement of goods. The energy sector, for renewable energy projects and infrastructural development and notably, the 1,620 hectares of land Free Trade Zone, offering tax-free manufacturing and exportation", he said.

While speaking, the Swedish Ambassador, Mrs Hahn-Englund flanked by the Embassy's Communication Officer, Seyifunmi Adebote, commended Governor Ademola Jackson Nurudeen Adeleke for his giant strides in the Economic advancement of Osun State, in spite of limited resources.

She expressed her interest in visiting Osun with her team, to access the investment opportunities in the State, with a view to contribute in making it an industrial hub in the comity of states in Nigeria.

"The Swedish government is eager to explore investment opportunities in Osun State. There are about 40 Swedish companies currently operating in Nigeria and it will be an opportunity for them to partner with the Osun State government for economic advancement and wealth creation".

"We believe that our collaboration will drive economic growth, foster innovation and strengthen bilateral relations", she concluded.