Tuesday, Nov 24th 2020 5:23 PM

Market Digest Nigeria


Amosun Commissions $100m Factory In Agbara

A $100m factory owned by Hayat Kimya Nigeria Limited in the Agbara axis of Ogun State has been commissioned by the state Governor, Mr Ibikunle Amosun.

The Turkish factory has the capacity to generate over 3,000 direct and indirect employments.

Hayat Holding, the parent company of Hayat Kimya Nigeria Limited, is a leading Turkish enterprise with a highly successful track record, comprising 40 companies that operate in various industries including FMCG, port operations, construction, wood and energy.

Speaking at the commissioning of the firm, Mr Amosun called on corporate organizations in the state to collaborate with the government in the area of infrastructural development.

He described Ogun State as the investment destination of choice in Nigeria, assuring that the state government will not rest on its oars in the area of infrastructural development.

Governor Amosun informed that contractors have been mobilised back on the Agbara-Atan road which leads to the factory and added that the Ogun State government would continue to provide enabling environment for businesses to thrive.

In his remarks, Managing Director of the company, Mr Hakan Misri, said the establishment of the factory in Ogun State reflects the Turkish confidence in the resilience of the Nigerian economy.

He also appreciated the Ogun State government for creating the enabling environment for the company to operate.

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