Sunshine Joint Venture Infrastructure Limited Established for Realisation of Ondo Project

Sunshine Joint Venture Infrastructure Limited has been incorporated to seamlessly allow for the Refinery and Free Trade Zone in Ondo State.

A press statement on Thursday read that: “In furtherance of our commitment to the execution of these two major projects – Refinery and Free Trade Zone in conjunction with the Ondo State Government, the joint partners have taken another giant step by incorporating a joint company, namely – SUNSHINE JOINT VENTURE INFRASTRUCTURE LIMITED – as the vehicle to be used in executing these projects.

A move that further reinforces the sincerity of purpose and total commitment of the funding partners to move ahead together as a united front.

According to the release by Wale Adekola on behalf of the JV, the Sunshine Joint Venture Infrastructure Limited will, going forward, serve as the vehicle to work with the Ondo State Government through the Ondo State Investment Promotion Agency (ONDIPA) in the implementation of the executed Memoranda of Understanding (MoUs).

The statement added that: “In moving the projects forward for implementation, the JV team met in Dubai to finalize the funding modalities and put in place structures and plans for the commencement of activities for ground breaking and community engagements.

These initial activities are aimed at complementing the 50th Anniversary of the creation of Ondo State and the first anniversary of the election of the Executive Governor of the Sunshine State, His Excellency, Chief Lucky Orimisan Aiyedatiwa CFR.

At the Dubai meeting were key officers of the JV Company, including: Messrs SALEHI FARHAD, ZAHERI NAVID, EGHBAL KORDJAMSHIDI, SAHEED ZAHERI; DR. STEPHEN DIKE; HENRY OWONKA, AND MRS. NAMVAR MARYAM.

The statement further informed that plans have been concluded to mobilize the relevant contractors working with the locals and host communities to put up structures that will host the information center, architectural models to showcase the projects on offer, and facilities that will serve the team.

All these are being planned with ONDIPA to execute the relocation and accommodation of the host communities that are likely to be affected by the projects and create a seamless transition that will engender peaceful co-existence and harmonious relationships with our host communities.

The JV company further reiterated its commitment to work with the Ondo State Government (through ONDIPA) to change the infrastructural landscape of the Sunshine State and for mutual benefits.