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.

TVC Female National Debate     Lukman Oyebanji Fagbemi     Colleges Of Education Academic Staff Union     Funmilayo Braithwaite     Ganmo Power Sub-Station     Shola Odetundun     Bolaji Nagode     Umar Adelodun     Yusuf Amuda Abubakar     Moremi High School     AbdulQowiy Olododo     Segun Olawoyin     Ekiti     Wahab Femi Agbaje     Grillo     Kubra Kazum     Usman Yunusa     Aliyu Umar     Femi Ogunsola     Lasiele Alabi Yahaya     Jide Ashonibare     Ubandawaki     Dele Momodu     Chief Imam Of Offa     Nurudeen Mohammed     Abiodun Abdulkareem     Kassim Babamale     Wasiu Odewale     Plat Technologies Limited     Yusuf Mubarak     Zara Umar     Raliat AbdulRazaq     Idowu Aremu     Alaaya     National Pilot     Sobi     Osinbajo     Special Adviser On Digital Innovation     Sheu Ndanusa Usman     Government High School Adeta     Lithium Deposit     Post-utme     Sunday Fagbemi     Muhammad Sirajo Aliyu     Joana Nnazua Kolo     Yeketi     Hussein Olokooba     Ilorin Talaka Parapo     Femi Oladiji     Chikanda     Yoruba     Abubakar Olusola Saraki     Abatemi-Usman     Kola Olota     Council Of The Wise     Bayo Ajia     Yusuf Amuda Gobir     Kamaldeen Ajibade     Academic Staff Union Of Universities     Galadiman Ngeri     Shade Omoniyi     Dan Masanin     Elewu     Fatimat Saliu     Medinat Folorunsho Salman     Abdullahi Biffo     Hydroelectric Power Producing Areas Development Commission     Al-Hikmah University     Umar Ahmed Gunu     Federal Polytechnic Offa     Oladimeji Thompson     Yusuf Abubakar     Abdulrahman Abdulrasaq     Ajibola Ademola Julius     Umar Sanda Yusuf     Shuaib Abdulkadir     Kehinde Baale    

Cloud Tag: What's trending

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

Saheed Alakoso     Olomu Of Omu-Aran     New Nigeria People’s Party     Mujtabah Bature     Erubu Oba Zubair     Dorcas Afeniforo     Women Radio     Allocation     Shade Omoniyi     Abdullahi Imam Abdullahi     Ilorin Emirate Stakeholders Forum     Salary     Rebecca Bake     Radio SBS     Bello Oyebanji     Tunde Akanbi     Javed Khan     March 28     Olaiya Zuberu     AbdulFatai Adeniyi Dan-Kazeem     Oniwa     Khairat Gwadabe     Women For Change And Development Initiative     National Union Of Road Transport Workers     NTA Ilorin     Ado Ibrahim     Shehu Adaramaja     Olatunji Moronfoye     Funmi Salau     Bisi Oyeleke     Lafiagi     Oko     IYA ALFA NLA     General Hospital, Ilorin     Saad Omo Iya     Mohammed Tunde-Jimoh     Orire     Offa Metropolitan Club     Sardauna     Emir Of Kano     Alaro     Kale Ayo     Kwara Apc     NURTW     Read With Me     Bello Abubakar     Adebara     Bibire Ajape     Mahfouz Adedimeji     Emmanuel Olatunji Adesoye     Okin Biscuit     Owo Arugbo     Vasolar     Babaita     MATTA Girls Foundation     Dankaka     Abdul-Rasheed Na\'Allah     Quranic Recitation Competition     Adolescent Girls Initiative For Learning And Empowerment     Raliat Elelu-Habeeb     Sidikat Alaya     Simon Sayomi     Ilesha-Baruba     Tunde Idiagbon Road     Joseph Offorjama     Yakubu Dogara     Olaitan Adefila     Ibrahim Abiodun     Fatai Garuba Labaka     Saliu Alamoyo     Monthly Sanitation Exercise     Isaac Gbenle     Abdulmumin Yinka Ajia     Sheikh Hamzat Yusuf Ariyibi     Muhammad Sirajo Aliyu     Abdulrauf Yusuf     Roseline Oni Aremu