The Lagos State Government has continued to strengthen its engagement with global investors as part of efforts to boost economic development.
Eko Hot News reports that Governor Babajide Sanwo-Olu received Mr. Tarek Mosaad, President of Hyundai Motors Middle East and Africa, on a courtesy visit at Lagos House, Marina.
The meeting focused on potential collaboration and investment opportunities in Lagos State.
Discussions also covered strategic partnerships aimed at supporting industrial growth and innovation.
Both parties explored areas of mutual interest that could enhance business development in the state.
The engagement forms part of the state’s broader investment promotion strategy under Invest Lagos 3.0.
Officials said the initiative is designed to position Lagos as a leading business destination in Africa.
The governor emphasized the state’s commitment to creating an enabling environment for investors.
Hyundai Motors expressed interest in expanding its footprint and exploring new opportunities in the region.
The discussions highlighted Lagos’ growing appeal as a hub for innovation and commerce.
Government representatives noted that such partnerships are key to driving sustainable economic growth.
The meeting also reinforced ongoing efforts to attract foreign direct investment into key sectors.
Invest Lagos 3.0 is expected to focus on infrastructure, technology, transportation, and industrial development.
Sanwo-Olu reiterated the state’s readiness to support private sector collaboration.
Hyundai Motors’ leadership acknowledged Lagos as a strategic gateway to the African market.
The visit reflects increasing international confidence in Lagos State’s economic direction.
Officials said follow-up engagements will continue to deepen the partnership discussions.
The Lagos State Government reaffirmed its commitment to strengthening global investment ties for long-term development.
