Ondo State government has finalised preparations to re-launch its Golden Ceramic Products Company in Ifon, Ose Local Government Area of the state, which is expected to employ about 1, 500 workers.
The 24-year-old moribund Golden Ceramic Products Limited is being resuscitated by the Governor Olusegun Mimiko-led government in collaboration with Jac-estee Nigeria Limited.
Signing the Memorandum of Understanding for the re-opening of the company 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 the teeming youths, boost income generation for the people and the state.
Adelola affirmed that the development was part of efforts of the state to prioritise industrialization, which is included in the ‘A Caring Heart’ mantra of the governor and to aid genuine improvement of the state economy, hence the need to rejuvenate the industry which had proven a hard nut to crack for previous administrations.
He said the company was expected to complete the opening project within the next six months in order to increase the economic status of the state, adding that the company would be producing tiles by June 2016.
Contributing, the coordinator, Ondo State Directorate of Public Private Partnership, Prince ‘Nekan Olagbegi said the project was 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 industrialists would 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 would improve the economic status of the area and Ondo State in general.
He said as soon as operation began, the company would produce floor and wall tiles, high grade tiles among others.


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