A delegation of South Korean investors who are on a fact-finding mission to Ekiti State, Nigeria has indicated an interest to invest in areas such a solar technology and low-cost housing.

Daily Trust newspaper reports the group of investors has said it is ready to construct low-cost houses, complete with solar power units. 

According to the newspaper, the investors are also interested in areas of new town development, the construction and development of schools and hospitals as well the establishment of industrial parks and factories.

Ekiti State Governor, Segun Oni, encouraged the investors to take advantage of the state's favourable business climate.

The South Korean delegation included Prof Sang Chaun Lee of the Kyaunggnam University; Seong Nam Hong, managing director of SH Heavy Industires; Iman Byun, chief executive officer of Geolin Company Ltd.; and Heungsik Oh of Yungbo Chemical Company.