Thursday, January 28, 2021

Agro Industrial Park Aided by Joint Venture to be Established in Delta

A joint venture agreement to establish a multi-billion naira agricultural industrial park in Delta state has been signed by the state government.

A joint venture agreement with Mirai Technology Limited and Norsworthy Investment Limited to establish a multi-billion naira agricultural industrial park in the state has been signed on Wednesday by the Delta State Government.

“The agricultural value chain in the state would be harnessed by the industrial park,” said the Governor. He also commented on the determination of the government to develop agriculture in the state with this joint venture and the plan to establish agricultural industrial parks in various parts of the state are all in tandem.

“The joint venture agreement has been signed by the three partners; the process that led to today’s event started three years ago. I am glad that we have a local investor among the investors; we are confident that it is a success story and it is also an agro-investment park that will be driven by the private sector.

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We will continue to provide the enabling environment for the private sector to thrive and our youths should embrace agriculture. We will continue to support them through micro-credits to achieve desired results because we will harness the agriculture value chain” Okowa said.

Managing Director of Mirai Technology, Mr. Roy Tal, said his company was committed to the success of the project.

Mr. Gabriel Ugbechie, Managing Director of Norsworthy Investment Limited, eulogized the Governor for being strategic in the vision for the state. He was hopeful that the state would be enabled by the venture to lift itself to a next level in the international community as investors’ destination.

“Agriculture is the way to go and we are happy that the governor has identified such. We are seriously committed to the success of the agro-industrial park which will create job opportunities for Deltans and boost the socio-economic life of the people” Ugbechie said.

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