Chinese Group to invest $54m in Kwara industrial sector

Date: 2015-07-02

Kwara State Government's effort at attracting international investments to the state has continued to yield positive result as a group of Chinese Investors expressed their commitment towards investing about $54m in the industrial sector of Kwara State in the next couple of years.

The leader of the team, Mr Shi Zengchao said about $15m would be invested in the next one year in order to ensure commencement of operations as early as possible.

Mr Zengcha who said the group found Kwara State investment friendly due to the prevalence of peace in the State, as well as the investment drive of the state government, added that when the efforts of the group finally takes off, more Chinese investors will set up factories and other investments in all the sectors of the State's economy.

Responding, the State Governor, Dr Abdulfatah Ahmed said the policies of his administration were premised on human capital development and industrial growth in a peaceful environment across the State.

Gov Ahmed said the state's International Vocational Centre in Ajasse-Ipo in Irepodun local government area of the state is designed to train qualified machinists who will fit perfectly into the developing industrial sector of the State.

"We have a large army of employable youths; school leavers that require very little training and they will fit into the industry you are investing in.

"Your proposed investment is very attractive. There are a lot of idle hands that can be employed; indeed, if you want 50,000 people we can get you 50,000 people to work", the governor said.

Governor Ahmed highlighted some of the factors that make Kwara State investment friendly as including the all year round good weather, the railway lines that transverse the state linking the northern and southern parts of the state as well as the International Airport and Cargo terminal in Ilorin, the State capital.

"This is a very important environment for you to truly invest, but most importantly it is a peaceful environment and our people are very receptive as they welcome visitors", he assured the Chinese investors.

Source

 

Cloud Tag: What's trending

Click on a word/phrase to read more about it.

Kwara 2023     Abdulraufu Mustapha     Federal Polytechnic Offa     Saadu Yusuf     Cornelius Adebayo     Ishola Abdullahi     Segun Olawoyin     Garuba Alikinla Shittu     Ajasse-Ipo     Opolo Global Innovation Limited     Ilorin International Airport     Elerinjare     Adamu Ibrahim Sabi     Kayode Alabi     Toyin Sanusi     Mahmud Ayinla Giwa     Bashir Adigun     Eleja Taiwo Banu     Shero     Bond     Abdulmumini Sanni Jawondo     Ahmad Uthman     Kolade Solagberu     Kwara State University Of Education     Otoge     SWAN     Tafida Of Kaiama     Ayegbeni     Muideen Olaniyi Alalade     Bashiru Makama     Oba-Solagberu     Omotoso Musa     Baboko     ARMTI     Saka Adeyemo     JSSCE     Yaman     Tsaragi-Share     Arca Santa     Olatunji Ibrahim     Garba Dogo     Oniwa     Oba Abdulkadir La\'aro     Mansur Alfanla     Ajibola Saliu Ajia     Saka Onimago     Ilesha-Baruba     Lotus Bank     Abdulrazaq Magaji     Aliyu Muyideen     Niyi Ogundiran     Tafida     Oba Of Jebba     Al-Hikmah University     Oniye     Khadijat Ayoola Yusuf     Majlis For Sadaqah, Zakat And Waqf     Titus Suberu-Ajibola     Monkey Pox     KWASSIP     Muhammed Danjuma     Dapo Teni Nig Enterprise     Asiwaju Bola Tinubu     Ahman Pategi     Yomi Ogunsola     IFK     Iyabo Adewuyi     Road Transport Employers Association Of Nigeria     Halimah Perogi     Iyabo Adisa Ibiyeye     Ajuloopin     Saka Keji     Ajase-Ipo     Senate Presidency     Waheed Ibrahim     Abubakar Imam     PAACO-PCL Consortium    

Cloud Tag: What's trending

Click on a word/phrase to read more about it.

Omoniyi     Sarkin Malamai     Mahmud Durosinlohun Atiku     Ben Duntoye     Omu-aran     Ganmo Power Sub-Station     Adijat Adebiyi     Mohammed Abdulahi     UTME     David Oyepinola Adedumoye     Aliyu Kora Sabi     Olatunde Michaels     Jani Ibrahim     Coronavirus     Kpotum Mohammed Baba     Post Utme     Laboratory-to-Product     Okanlawon Musa     CCB     Moses Rahman Popoola     Abdulrazaq Adebayo     Ajia-Bako     Alfa Yahaya Road     Olaitan Adefila     Lafia Aliyu Korasabi     Ileloke     Hikmah AbdulKareem     Toyosi Thomas     Peculiar Allowance     Magaji Erubu     Kale Ayo     Innocent Okoye     Muideen Olaniyi Alalade     Quareeb     Oke-Oyi     Stephen Fasakin     Jeunkunu-Malete-Bani     Gaa Olobi     Isiaka Rafiu Mope     Sulyman Atolagbe Alege     Aminat Omodara     Kwara State Governor     Ilorin Airport     Arinola Lawal     Balogun-Ojomu     Abdulraheem Olesin     Dorcas Afeniforo     Paul Odama     Oba-Solagberu     Salmon Babatunde Salmon     Harafat E. Mukadam     Kayode Oyin Zubair     Abdulmumini AbdulRazaq     Kayode Issa     Onilu     Tunde Saad     Olokoba Sulyman     Third Estate     Suleman Abubakar     Kanu Agabi     Abraysports FC     Academic Staff Union Of Universities     Kayode Bankole     Aliyu Salihu     Baboko Primary School     Michael Ologundea     FERMA     UNILORIN Alumni Association     Oju Ekun Sarumi     Woro     Elewu     Jebba     Cassava Growers\' Association     KWSIEC     Nigerian Supreme Council For Islamic Affairs     Muyiwa Oladipo Kanu     Rotimi Atere