Business

Taiwanese global tech giant eyes Ogun for investment

By Our Reporter,The Nation

Copyright thenationonlineng

Taiwanese global tech giant eyes Ogun for investment

A Taiwanese multinational conglomerate and global tech giant, Foxconn, has indicated interest in setting up its manufacturing plant in Ogun State.

AVP, Corporate BD Chairman Office, Mr. Vincent Lee, disclosed this at the weekend when he led a delegation to meet Governor Dapo Abiodun, at the Gateway City Gate, Interchange along the Abeokuta -Sagamu Expressway.

Lee said the delegation was in the State to explore business opportunities with a view to setting up their firm.

According to Mr. Lee, his organization is the world’s largest contract electronics manufacturer, with annual revenue base of over $200bn, employing thousands in its various manufacturing plants.

Foxconn, Mr. Lee noted, is into smart manufacturing, technology infrastructure, and industrial development

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He said: “We are here in Ogun State today to meet with Mr. Governor to discuss investment opportunities that will lead to setting up our business here in Ogun State.”

Governor Abiodun noted that the State is gradually emerging as Africa’s investment and Information and Communication Technology (ICT) powerhouse due to the various reforms and conducive business environment put in place by his administration.

He said the State’s success story manifests in its unmatched ability to generate sustainable revenue and attract private capital without relying exclusively on federal allocations.

This fiscal creativity, the governor emphasized, has positioned the State as an economic model for Nigeria, with ICT serving as a central driver from automating revenue processes to expanding its digital economy.

While assuring that the State would be consistent in unlocking opportunities that empower citizens and strengthen investors’ confidence, Governor Abiodun reiterated his administration’s commitment to continually showcasing the State as a hub for technological advancement, with deliberate policies that promote ICT as both an enabler of governance and a magnet for global investors.

“By unveiling the State’s tech hubs, supporting digital entrepreneurs, and encouraging partnerships with international firms, Ogun has aligned itself with global trends in digital competitiveness and innovation”, he said.