The Inner galaxy group multinational company is set to invest four hundred million dollars in ogun state to produce reinforced steel as well as steel products of various shape and sizes.
Inner galaxy group is a multinational with high tech manufacturing and servicing company established in nigeria in 2008 and focuses on steel manufacturing outfit with the capacity to produce reinforce steels and bars as well as steel products of various shape and sizes.
While welcoming the company, governor dapo abiodun said his adminstration has put in place necessary infrastructure to attract foreign investors,saying all efforts are geared towards growing the state economy.
The governor also noted that his government is ready to collaborate with the company as this would enable youths to be employed.
The vice president of the company said the company which has been in existence in nigeria in the past 20 years is capable of producing iron rod for construction adding that coming to gateway state is to support the government to save foreign exchange, increase tax revenue and create job opportunity for the people.
He also pointed out that the company’s area of specialization is not only steel but also car battery recycling, trailer assembling as well as clean energy sector.