OPIC Spends N1.8bn on Agbara Industrial Estate

Babajide Odusolu, managing director, Ogun State Property and Investment Corporation, OPIC, has said a total sum of N1.8bn will be expended on construction of roads in the industrial and residential areas of Agbara, Ogun State.

He said, “What we are doing in Agbara industrial estate is an holistic infrastructural development. We are constructing 11 kilometres of roads. Six kilometres in industrial area and five kilometres to cover the residential area.

“Since the construction began in January, the incidence of having those articulated vehicles bringing raw materials to various industries here tripping due to deplorable state of the roads has stopped.”

Expatiating on the holistic development of the area, Odusolu said since many of the workers in the industries sited there live in Lagos, the OPIC has commenced construction of mixed housing units to cater to their accommodation needs.

He explained that, there are about 145 units of mixed two-bedroom and three-bedroom terraced flats being constructed in the area.

“We have a cluster of 32 units of two-bedroom flats at one area, and each unit cost N7m. We also have a mixed one, that combines two and three-bedrooms. From this, people can work and live here. That is our target,” he said.

Odusolu added that the mandate given to OPIC by Ibikunle Amosun, Ogun State Governor, was to turn the Industrial Estate to a leading point of attraction for both local and foreign industries in the state.