The Ondo state government has finalised preparations to re-launch its Golden Ceramic Products Company in Ifon, Ose local government area of the state.

The company when fully in operation is expected to employ about 1, 500 workers.
The 24-year-old moribund Golden Ceramic Products Limited is being resuscitated by the State government in collaboration with Jac-estee Nigeria Limited.

Signing the Memorandum of Understanding for the re-opening of the concern on behalf of government in Akure, the Secretary to the State Government, Dr. Aderotimi Adelola, said the resuscitation of the company would create employment for teeming youths, boost income generation for the people and the state.

Adelola 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 State governor, Olusegun Mimiko, and to aid genuine development of the state economy.

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 would 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 would produce floor and wall tiles, high-grade tiles, among others.