Governor Babajide Sanwo-Olu of Lagos State yesterday reaffirmed his administration’s commitment to welcoming investments from local and international investors, adding that the state remains ready for business.

The governor issued this reaffirmation during a visit by the management of Daewoo Engineering and Construction Nigeria Limited to the Lagos House, Ikeja.

Sanwo-Olu assured investors that his administration would create an enabling environment for investments and businesses to grow in the state, stressing that the government was ready to partner with Daewoo in automobile, real estate, and technology.

He said: “Lagos is ready for business and it is open for new investments. I know Daewoo Nigeria has been here for a while but this is an opportunity for you to take that relationship to another level.

“So, on this your visit, don’t let it just be a visit to show; let it be a visit of commitment and real partnership. Let it be a visit where there will be real transactions on the table that both of us can take away.

“Our city is open. We are ready and willing to create that partnership with you in automobile, real estate, and technology because we have a very strong and capable youth population that is dynamic. They are very professional and they are ready to work.”

Speaking earlier, Won Ju said his company will be investing in real estate and infrastructure in Nigeria, saying Lagos has been identified as one of the major investment areas since it is the economic capital of Nigeria.

Also speaking, the General Manager, Contract and Business Development of Daewoo, Mr. Adekunle Ilesanmi, said the company was going to be investing in housing, real estate, and infrastructure

Source: ThisDay