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‘Industrial Parks, avenues for job creation’

by The Editor
5th September 2023
in Business
0

 By Francis Akinnodi

|

Industry expert have advocated the establishment of industrial parks across each state of the federation to create about 40,000 direct employment opportunities on completion.

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The expert, Adil Kurt said this on a national television programme monitored by The Hope, that the parks would go a long way to boost the construction sector.

He said when such facility was fully operational, it had the capacity to significantly deplete the unemployment market in Nigeria.

He said indirect employment opportunities from a single industrial park could gainfully engage over 120,000 people as they carried out their various related businesses in the building industry.

According to him, if each state develops a park of such immense benefit with 120,000 persons gainfully employed in the industry, the 36 states would absorb over a million persons.

”Partnership between the federal and state governments would be important. There is a need for deliberate investment in industrial parks across the country so that it can take millions of Nigerians off the unemployment market.

”The desire of the Federal Government under President Bola Tinubu and the respective governors to urgently boost the Nigerian economy can be achieved by developing the construction-sector through the creation of industrial parks.”

Kurt said if each state created an industrial park, it would bring spiral economic boom.

He said the federal and state governments should not be scared to invest in developing industrial parks as it had the capacity to generate employment and boost the economy of such a state at a sustainable level.

He said Nigeria could not grow when it relied on other countries for about 95 per cent import of finished products.

He said such products could be produced, processed, thereby creating the needed employment for its citizens and improve on the quality of life of her people.

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