Lagos State Governor, Babajide Sanwo-Olu, has reaffirmed his administration’s commitment to creating an enabling environment for investment and economic growth as he attended the groundbreaking ceremony for the Luxury Collection Building being developed by Artee Industries Limited on Glover Road in Ikoyi.
The governor described the project as a strong indication of the confidence investors continue to have in Lagos as a preferred destination for business, real estate and commercial development.
Speaking at the ceremony, Sanwo-Olu noted that the state government remains focused on implementing policies and infrastructure projects that support private sector growth and attract both local and foreign investments. According to him, developments such as the Luxury Collection Building demonstrate the positive impact of these efforts and the growing appeal of Lagos as an economic hub.
He emphasized that beyond its physical structure, the project is expected to contribute significantly to the state’s economy by creating employment opportunities during and after construction. The governor said every major investment in Lagos translates into jobs, increased economic activities and improved livelihoods for residents.
Sanwo-Olu further stated that the government is determined to sustain an environment where businesses can flourish, innovation can thrive and investors can confidently commit resources to long-term projects.
The governor expressed optimism about the successful completion of the development, noting that it would add value to the city’s landscape and strengthen its reputation as one of Africa’s leading commercial centres.
He commended Artee Industries Limited for its investment in Lagos and encouraged other investors to take advantage of the numerous opportunities available across various sectors of the state’s economy.
The groundbreaking ceremony attracted business leaders, stakeholders and government officials who gathered to witness the commencement of the landmark development in Ikoyi.
About the Author
