The Ondo State Government has announced plans to re-launch its Golden Ceramic Products company in Ifon, Ose Local Government Area with the projection to employ about 1,500 workers.
According to the government the 24 year old moribund Golden Ceramic Products Limited is being resuscitated in collaboration with Jac-estee Nigeria Limited .
Signing the Memorandum of Understanding on behalf of government for the re-opening of the firm in Akure, the Secretary to the State Government, Dr. Aderotimi Adelola, said the resuscitation will create employment for teeming youths, boost income generation for the people and the state.
He affirmed that the development is part of efforts of the state to prioritize industrialisation which is included in the ‘A Caring Heart’ mantra of the Governor and to aid genuine development of the state economy, hence, the need to rejuvenate the industry which had proved a hard nut to crack for previous administrations.
He said the indigenous company is expected to complete the resuscitating and opening project within the next six months in order to increase the economic status of the state, adding that the company will be producing Tiles by June, 2016.
Corroborating his view, the Coordinator, Ondo State Directorate of Public Private Partnership, Prince ‘Nekan Olagbegi, said the project is in line with the vision of the Governor to ensure Ondo State is industrialised to boost its economic status and create employment.
He expressed optimism that through the public private partnership arrangement, the expertise to be brought by the industrialist will activate the industry and enhance economic sufficiency in the state.
Commenting on the development, the Chief Executive Officer, Jac-estee Nigeria Limited, Mr. Jacob Olugbenga Abinwa, said when in operation, the company will employ between 300 to 1500 youths from the state, observing that it will improve the economic status of the area and Ondo State in general.
He said as soon as operation begins, the company will produce floor and wall tiles, high grade tiles, among others.