As a response to his recent call for investors to take advantage of the development upsurge in Lagos state, the state governor, Mr Akinwunmi Ambode recently received the German Ambassador, His Excellency Michael Zenner, who led a group of German diplomats and investors on a courtesy visit to the Lagos House, Alausa, Ikeja.
According to the German ambassador,
the major purpose of the teams
visit was
to express Germany’s intention to improve
bilateral
trade with Lagos state, whose
GDP had risen to $131bn. Zenner said
that Germany’s interest in Lagos will cut
across diverse
industries, especially food
processing and building materials. In
this
light, Mrs. Isabel Knauf of the Knauf
Group International, a
major building
materials manufacturer based in Germany,
solicited
the support of the Governor
towards locating a $70million
(N14billion)
building/construction tools manufacturing
company in
Lagos, highlighting that the
preference for Lagos was due to its
close
proximity to seaports, availability of gas
pipeline and ready
market. Trusted source
informed Lekki People Magazine that the
Knauf group is eyeing Ibeju Lekki Axis
of the state as their prime
spot to site the
industry.
According to Mrs. Knauf, “We are
looking to invest and build a
factory here.
We are looking for your support. We have
been to
Lekki Sea Port and want to proceed
on investing straight off. I wish
to express
our interest in investing about 70million
US dollars in
construction tools factory for
the first stage”, Knauf said.
On
his part, Governor Ambode assured
the delegation of his
administration’s
commitment to do everything possible to
ensure
smooth take off of the project while
reiterating his administrations
resolve
to create the enabling environment to
boost economic ties
between Lagos and
Germany.
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