Ogun State Government is set to experience economic boom and prosperity in agriculture and non-agriculture logistic zones, as plans are at the advanced stage for the commencement of the Remo Economic Development Industrial Cluster on November 4, 2022.

It would be recalled that in April 2022, a Memorandum of Understanding worth $400m was signed by the Ogun State Government and Arise Integrated Industrial Platform company, to develop the Olokola Free Trade Zone, the Remo Cluster and Agro Cargo Airport.

Speaking during an interview shortly after a meeting with the representatives of the State government in Abeokuta,  the Vice President, Arise Integrated Industrial Platform company, Suren Abeywickrema said all is set for the groundbreaking event of the Cluster.

Suren added that the company’s investment plan on the partnership would enable the present administration to realise the benefits accruable in both sectors for the socio-economic development of the State, saying “the company is glad to partner with Ogun State Government, having agreed to invest in the Remo Economic Development Cluster.

"We've concluded arrangement to invest in the Remo Economic Development Cluster, to develop agriculture and non-agriculture logistic zones.