Oyo State House of Assembly on Tuesday, passed the State’s Bureau of Investment Promotion and Public-Private Partnership bill, 2017 into law.
The law will provide for the establishment of the bureau in the state
The Bureau is responsible for the Oluyole Free Trade Zone, Central Abattoir project, Inland Dry sea port among other.
In the bid to ensure the development and enhancement of public infrastructure, public assets and other facilities through coordinated policies and programmes on Public Private Partnerships, the present administration in Oyo State established the Office of Public Private Partnerships which metamorphosed into the Bureau of Investment Promotion and Public Private Partnerships in 2014 when the Department of Investment Promotion in the Ministry of Trade, Investment and Cooperatives was co-joined with the office of PPP to improve the investment climate ranking, ease investment/business start-ups and Public Partnership in the State.
Other projects include
Oyo State Industrial Park
Restructuring of moribound/ailing State owned investment assets
Micro, Small and Medium Enterprises ( MSME) Development Schemes
Re-development of Agbowo Shopping Complex
Re-development of Agodi Gardens Phase II