Business
Hyundai To Establish Fabrication Yard In Bayelsa … Seeks Co-operation Of Communities
South Korea industrial giant, Hyundai set to start its proposed establishment of fabrication yard in Brass local Government Area of Bayelsa State.
The State Governor, Chief Timipre Sylva, made the call in Government House, Yenagoa, during a meeting with representatives of Okpoama and Odioma communities in the state.
The governor, who noted that the project was a $7 billion investment, underscored the need for them to sustain the prevailing peace as government would not condone any disruption when the project commences.
According to Sylva, the project is expected to generate 2000 jobs and would not only be beneficial to the immediate communities but the state.
He noted that upon expansion, the project would become a ship building yard and create an avenue for sustainable jobs, and therefore urged the communities to maintain their peaceful disposition as the state was in dire need of such investments to accelerate its socio-economic development
In his contribution, Chairman of the Okpoama Council of Chiefs, Chief Amade Obasi, expressed the willingness of the people to co-operate with the company to ensure the establishment of the project.