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Lagos Donates Land To German Firm Investing $75m In Lagos - Politics - Nairaland 3ct3q

Lagos Donates Land To German Firm Investing $75m In Lagos (17440 Views)

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MaBuk(f): 4:51pm On Sep 08, 2016
Lagos State Governor, Mr. Akinwunmi Ambode on Thursday demonstrated his commitment to attract foreign investors into the State by approving land for the establishment of a training centre in Lagos where architects, civil engineers and craftsmen will be trained on modern trends and technologies in the construction sector.



Governor Ambode, who gave the approval when he received a delegation from The Knauf Group, which is a German firm currently establishing a $75miilion building/construction tools manufacturing factory in Lagos, said the approval for the land became imperative in view of the need to encourage investors to continue to invest in Lagos.



The Knauf Group is one of the world’s leading manufacturers of modern insulation materials, dry lining systems, plasters and accessories, thermal insulation composite systems, paints, floor screed, floor systems, and construction equipment and tools.



The delegation was led by a member of the Management Committee of the firm, Isabel Knauf and Consular General of German Embassy in Lagos, Mr. Ingo Herbert.

Governor Ambode, who recalled the last time Herbert visited the Lagos House about eleven months ago, said his istration has remained focused to the promise of upholding judicial and security sector reforms, as well as creating a friendly environment for investment to thrive.

He said the massive investment by The Knauf Group in Lagos was a pointer to the fact that investors were still willing to invest in Nigeria despite the economic recession, and that the country will come out of the economic doldrums even stronger.



“I must commend the German government and The Knauf Group for showing something important to all Nigerians that beyond the economic recession, their total believe in our economy is unshaken because it is not enough for any investor to come into an area where they have never invested before and months after, the parameters for investment are not really looking good, but you stuck in there and beyond the fact that you have gone to procure land, you also have an established office within the last eleven months and you are already pumping in money into what you want to do.



“This is a great pointer to the fact that you believe in the Lagos economy and also believe in the future of Nigeria and I like to encourage other investors to emulate what your firm and government is doing in Lagos and as they show interest, we will not hesitate to give them the necessary ,” the Governor said.

Governor Ambode said The Knauf Group specifically deserved to be commended for not just investing in Nigeria, but also bringing the German vocational expertise on an area of construction that was hitherto not in existence in Nigeria into Lagos.

Besides, the Governor said he was excited about the fact that the firm was not just establishing a factory here in Lagos, but also a training centre where Nigerians will be trained, adding that he would stop at nothing to encourage investors such as The Knauf Group.

Earlier, Isabel Knauf said the team was at the Lagos House to brief Governor Ambode on the progress made so far since the project started in September 2015.



She said the firm has 23 training centres all over the world training about 14,000 people annually, and that they would like to build the same training centre in Lagos where architects, civil engineers and craftsmen would be trained on how to technically install their products.

She said upon completion of the factory, the firm would create 25,000 direct employment, adding that the training centre will cost about two million Euros to establish, while at least 800 Nigerians will be trained annually in the first phase.



Knauf, however, solicited the of the State Government in land space for the training centre and permit issues, a request which was instantly granted by the Governor.

Source: http://akinwunmiambode.com/lagos-state-government-donates-land-to-german-firm-investing-75m-in-lagos/

10 Likes 1 Share

RockHard: 4:55pm On Sep 08, 2016
Nice. Even in this recession lag still dey attract multi-million dollars investments. Good job Ambode.

56 Likes 2 Shares

MaBuk(f): 4:55pm On Sep 08, 2016
This is good news for those seeking jobs, start making enquiries about the company.

Cc: Mynd44, OAM4J

6 Likes 1 Share

MaBuk(f): 4:58pm On Sep 08, 2016
Ambode get sense no be small, he donated the land for them to hasten the process while other Governors are lamenting about recession, some are still attracting investors.

50 Likes 6 Shares

Re: Lagos Donates Land To German Firm Investing $75m In Lagos by Nobody: 7:47pm On Sep 08, 2016
Commendable.

Share the money.

1 Like 1 Share

babyfaceafrica: 7:53pm On Sep 08, 2016
Good job
PaulJohn1: 8:06pm On Sep 08, 2016
Great plan if completed.

Hopefully, this'll lead to us being able to make our building materials ourselves with high standard. What Nigerians spend on importing building materials from China, and UK, is a lot not to tell on an economy that export nothing tangible.

12 Likes 2 Shares

Agimor(m): 8:20pm On Sep 08, 2016
I must commend this Abode of a Governor in face of stagnation and recession for being able to attract foreign investors indeed it's a brilliant move. Our governors should learn to think aside the box and stop being parasites to the federal government.

9 Likes

989900: 8:26pm On Sep 08, 2016
Lagos is a country on its own, with her own standards, culture, and traditions -- you've got to love the city and her people.

27 Likes 2 Shares

Sunky200: 8:31pm On Sep 08, 2016
What Nigerian Youth refuses to see, foreingner sees it even from afar. I will not be surprised when foreingners start trooping into Nigeria investing in agriculture.

Ambode must be commended for placing Lagos on the front row in anything new, innovative and lucrative. A typical trait of Lagos past, present and perhaps, future governor's.

And to the KNAUF Group I say welcome to Lagos Nigeria, the land of limitless opportunities.

12 Likes

Pavore9: 8:41pm On Sep 08, 2016
A good development.
sarrki(m): 6:03am On Sep 09, 2016
This is the way to Go

Stop the destruction of lives and properties in the name

of freedom fighters or avenging


Emulate Good things like this


Eko onibaje

12 Likes

agwom(m): 6:31am On Sep 09, 2016
sukkot: 8:25am On Sep 09, 2016
donates ?

and why is ambode looking creepy in that picture lolzzzzz

2 Likes

eph12(m): 8:29am On Sep 09, 2016
This is what I expect governors to do. Bring investors in and give them lands foc I don't care. Just let them come and create jobs

8 Likes

ItsawrapOutfit: 8:30am On Sep 09, 2016
More FDI we hope
Rick9(m): 8:31am On Sep 09, 2016
Ftc
dadabashua1(m): 8:32am On Sep 09, 2016
nice one... now this is what we call development

1 Like

ironheart(m): 8:36am On Sep 09, 2016
Good, while other states are complaining Lagos is investing heavily for the future. No one the hardship when Tinubu was clearing the street n putting structures for Fashola and Ambode. Everyone wants to invest in Lagos now. Same thing with Buhari, he is laying down structures for our tomorrow but all we get to see now is the hardship.

Change begins with me

30 Likes 3 Shares

zirazy(m): 8:38am On Sep 09, 2016
Definitely we r involve...IRL
codemaniacs: 8:39am On Sep 09, 2016
Sunky200:
What Nigerian Youth refuses to see, foreingner sees it even from afar. I will not be surprised when foreingners start trooping into Nigeria investing in agriculture.

Ambode must be commended for placing Lagos on the front row in anything new, innovative and lucrative. A typical trait of Lagos past, present and perhaps, future governor's.

And to the KNAUF Group I say welcome to Lagos Nigeria, the land of limitless opportunities.

Ambode didn't do s:hit.. They must have been studying Nigeria and they ended up choosing Lagos..

What Ambode has to do is improve the security situation in Lagos.

4 Likes

Re: Lagos Donates Land To German Firm Investing $75m In Lagos by Nobody: 8:39am On Sep 09, 2016
codemaniacs:

Ambode didn't do s:hit.. They must have been studying Nigeria and they ended up choosing Lagos..
What Ambode has to do is improve the security situation in Lagos.
If Ambode didn't do s:hit as you said, this is PROBABLY the land of people like you whose governors and PDP did well for. That's why investors are trooping there even than Lagos.

33 Likes 1 Share

mustang44: 8:40am On Sep 09, 2016
Welcome development!
Re: Lagos Donates Land To German Firm Investing $75m In Lagos by Nobody: 8:40am On Sep 09, 2016
Who militancy epp? Lagos trail blazing

2 Likes

Re: Lagos Donates Land To German Firm Investing $75m In Lagos by Nobody: 8:40am On Sep 09, 2016
...
Opeyemi4real(m): 8:42am On Sep 09, 2016
This man is greater than Fashola!
enigstil(m): 8:47am On Sep 09, 2016
Knauf group wants to come and invest in Nigeria, wow thats a good one. The funny thing is this group is family owned business. Nice one Governor Ambode. Where others are complaining they are not getting funds from the Federal Government, you are there expanding your coast. Godspeed.

3 Likes

islandmoon: 8:48am On Sep 09, 2016
Lagos gave investor free land to facilitate development projects, while some people are busy kidnapping investors, and shouting our land our land, settle youth, settle community, settle royal father in their states, and they are wondering why lagos keep propering.

9 Likes

ephi123(f): 8:49am On Sep 09, 2016
Agimor:
I must commend this Abode of a Governor in face of stagnation and recession for being able to attract foreign investors indeed it's a brilliant move. Our governors should learn to think aside the box and stop being parasites to the federal government.

So very true. He has been impressive so far despite the challenges the whole country is facing.

4 Likes

wristbangle: 8:51am On Sep 09, 2016
Great Accomplishment.
opalu: 8:54am On Sep 09, 2016
Good
Phiniter(m): 8:54am On Sep 09, 2016
Cool

1 Like

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