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Saturday 30 April 2016

Oshiomhole Offers China Major Trade Links



As a follow-up to President Muhammadu Buhari’s recent visit to China, the Chinese Consul-General in Nigeria, Liu Khan, has visited Governor Adams Oshiomhole of Edo state to explore investment opportunities in the state and locate more Chinese industries there.

Governor Oshiomhole has prioritized strengthened diplomatic relations with China with a view to deepening investment ties with the people and government of China.

Receiving the consul-general in his office, Oshiomhole thanked him for leading a delegation of investors to the state

[/i]Let me thank you, Mr Khan, for leading a delegation to pay us a visit. They, along with other Chinese companies, have set up various factories in Edo state,” Governor Oshiomhole said.


“I have visited their factories and I am very impressed by what I saw, the quality of products they are producing, ceramic tiles and iron rods which we badly need for our construction industry.

“They shared with me their plans to further expand their operations. I have discussed with them about the possibility of establishing new investments in Edo state because we have so much natural resources besides oil and gas which we have in sufficient quantity[i]

Governor Oshiomhole said Edo state can offer Chinese investors and business huge opportunity thanks to its gas deposits, which will ensure the state continues to play a major role in Nigeria’s economy.

[/i]“Under the power arrangement, I also know that this state is meant to be one of the major hubs for power supply and distribution. Recently, a private company, Azura Power Plant, has commenced the process of laying about 450 megawatts of power which will be completed in the next one or two years, and the construction is still on,” the governor said.

“There are other power plants that are already in existence. And so, in the very near future, we will have enough power supply coming from Edo State. I know that from my conversation with some Chinese companies here, they told me that with power, they have so much more they can do[i]

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