April 23, 2024

Foreign Investors Visit Kogi, seek investment collaboration with State Government

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Representative from one of China’s top Engineering firm, Power China Kunming Engineering Corporation on Monday met with members of the Kogi State Economic Management Team to seek investment collaboration with the State Government.

The Team which represented the visiting firm led by Engineer Gong, indicated its interest to invest and collaborate with the State in crucial sectors like power generation, construction and infrastructural development as well as tourism opportunities.

Engineer Gong and his counterpart while being received by the Chief of Staff to the State Governor, Chief Edward Onoja expressed his joy at being in the State for the first time.

He explained that the Company, Power China Kunming, which he represents was established in 1957 and has remained highly reputable within and outside its terrain in areas of construction, Power and infrastructure.

He said the State owned Corporation also boast of good relationship with China banks and could easily access financial support to help pursue project implementation with little or no financing by the State.
The team lead affirmed that the company had come to the State, so as contribute its technical support in bringing certain infrastructural development to actualization and facilitate the State’s desire to leverage on its tourism tendencies.

The investor after meeting with the Chief of Staff were taken to investment prone sites in some part of the State particularly the State’s capital Lokoja, for them to be able to have an on the spot assessment of the sites.

The Kogi State Economic Management Team led by the State’s Auditor General Alhaji Yusuf Okala and other top members of the team took the investor to the Historic Mount Patti, Confluence beach hotel and some other places while they explained the State Government’s intentions in making sure such site becomes economically viable.

Speaking after the site inspection, Barrister Hannatu Altine Abimiku on behalf of the investor company expreessed her satisfaction with their on the spot assessment and explained that they would go back to the drawing board and work out modalities that would be beneficial to both parties.

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