A Taiwanese multinational conglomerate and global technology giant, Foxconn, has expressed interest in setting up its manufacturing plant in Ogun State.
The AVP, Corporate BD Chairman Office of the company, Mr. Vincent Lee, gave this hint weekend when he led a team of the entity, comprising the Senior Director, Corporate BD Chairman Office, Mr. Jesse Chao; and Counselor, Government Relations, Mr. Brian Chen; to meet the State Governor, Prince 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 establishing their operations.
According to him, Foxconn, which operations cover smart manufacturing, technology infrastructure, and industrial development, is the world’s largest contract electronics manufacturer, with an annual revenue base of over $200 billion, employing thousands in its various manufacturing plants.
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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 establishing our business here in Ogun State.”
Earlier in his welcome remarks, Governor Abiodun maintained that the state was gradually emerging as Africa’s investment and Information and Communication Technology (ICT) preferred destination by investors due to the various reforms and conducive business environment put in place by his administration.
He hinged the state’s success story on the government’s ability to generate sustainable revenue and attract private capital without relying exclusively on federal allocations.
Abiodun pointed out that this fiscal ingenuity had positioned the Ogun 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 his administration would be consistent in unlocking opportunities that empower citizens and strengthen investor confidence, the governor reiterated his commitment to continue 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.
He said: “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.”
Describing himself as Ogun State’s “Chief Marketing Officer”, Abiodun said that by actively engaging investors and highlighting Ogun’s unique advantages, which include its strategic location, industrial base, skilled workforce, and supportive policy environment, he was demonstrating a relentless commitment to showcasing the state’s investment opportunities to the global community.
The governor maintained that the introduction of advanced geo-mapping systems had enhanced transparency, efficiency, and accountability in land allocation, adding that apart from preventing multiple allocations and closing loopholes, also builds investor confidence by providing clear, reliable, and accessible land data and bolsters the state’s revenue.
Calling on both local and foreign investors to take advantage of these unique features, Abiodun explained that as Nigeria’s industrial gateway, Ogun State, had been solidifying its reputation as one of Africa’s most attractive destinations for investment and innovation, with its combined resilience, creativity, and cutting-edge technology driving monumental economic transformation.
He said: “By leveraging private investors’ acumen and a forward-looking development strategy, Ogun has emerged as a shining example of how sub-national governments can thrive in a challenging economic environment.”
