Governor Umar Namadi says a Chinese company, Hefei Shengwen Information Technology Company Limited, has expressed interest in investing about $2 billion in industrial development projects across Jigawa State.
The company’s President and Chief Executive Officer, Mr. Ren Mingyong, disclosed this during a farewell dinner hosted by Governor Namadi for the Chinese delegation at Government House, Dutse, after a multi-day investment assessment visit to the state.
Mr. Ren said the company was impressed by Jigawa State’s favourable investment climate and readiness for large-scale industrial partnerships.
He explained that the proposed investment would focus mainly on revitalising the Maigatari Border Free Trade Zone and establishing seven industries in strategic locations across the state.
According to him, discussions had already commenced on a joint venture partnership between the company and the Jigawa State Government.
Mr. Ren assured the government of the company’s commitment to a long-term partnership based on trust, sincerity, and mutual benefit.
Responding, the Chief Press Secretary to the Governor, Hamisu Mohammed Gumel, said Governor Umar Namadi described the investment interest as a major vote of confidence in Jigawa State’s economic reforms and investment drive.
The governor recalled that the state delegation recently visited China, where they toured five provinces and about 40 industrial companies in search of credible investment partners.
He said the visiting Chinese investors had also inspected key economic assets in Jigawa, including the Maigatari Border Free Trade Zone, Maigatari International Livestock Market, and Gagarawa Industrial Park.
Governor Namadi assured the delegation that the state government would provide the necessary support and enabling environment for the success of the partnership.
He added that both parties were preparing to sign a Memorandum of Understanding to serve as a roadmap for the proposed cooperation.
Usman Muhammed Zaria
