Chi­nese Trade Mis­sion Par­leys ACCI, to Open Of­fice in FCT

THISDAY - - BUSINESS WORLD - Olawale Aji­mo­tokan in Abuja

A del­e­ga­tion of in­vestors from the He­bei Prov­ince of China at the week­end held talks with of­fi­cials of Abuja Cham­ber of Com­merce and In­dus­try (ACCI) led by its pres­i­dent Tony Ejinkeonye, to prospect busi­ness op­por­tu­ni­ties be­tween the re­gion and the Cham­ber.

The meet­ing was part of the ex­ploratory dis­cus­sions be­tween the prov­ince and Nige­rian busi­ness in­ter­est groups, which in­cluded the Nige­rian As­so­ci­a­tion of Cham­bers of Com­merce, In­dus­try, Mines and Agriculture (NACCIMA) and the Man­u­fac­tur­ers As­so­ci­a­tion of Nige­ria ( MAN), dur­ing their visit to the FCT Min­is­ter Muhammed Musa Bello.

Deputy Gov­er­nor of He­bei, Wang Xiaodong led the 20-man vis­it­ing del­e­ga­tion, which com­prised the Pres­i­dent of China Civil En­gi­neer­ing Con­struc­tion Cor­po­ra­tion(CCECC), Zhao Dian­long, Deputy Pres­i­dent of China For­tune Ltd, Huang Xianghua, the Deputy Pres­i­dent, Shi­ji­azhuang Jun­le­bao Dairy Co. Ltd, Zhu Hong and the Man­ag­ing Direc­tor Baod­ing Shuofeng Ltd, a lead­ing global pro­ducer of cot­ton, Li Man­chang.

Wang said the He­bei Prov­ince Gov­ern­ment would open a trade of­fice in Abuja to un­der­score the busi­ness ties.

He­bei is one of the big­gest eco­nomic re­gions among the 31 prov­inces and mu­nic­i­pal­i­ties in China. Its GDP by 2016 es­ti­mates is $500mil­lion, while its pop­u­la­tion is put at 74mil­lion.

Lo­cated in an area con­tigu­ous to Bei­jing, it is fully in­dus­tri­alised with a de­vel­oped com­muter trans­port sys­tem. It is also one of the lead­ing steel pro­duc­ers in the world. Its an­nual ce­ment out­put is 120 mil­lion tonnes while its flat glass out­put is es­ti­mated at 100mil­lion tonnes.

Wang ex­pressed op­ti­mism in Nige­ria and es­pe­cially Abuja, say­ing that what they saw made a deep im­pres­sion on the del­e­ga­tion. He had im­pres­sive words for Abuja’s pleas­ant en­vi­ron­ment and good plan­ning, while ob­serv­ing that Nige­ria has in­deed laid a good foun­da­tion for an eco­nom­i­cally vi­able city.

“There are ob­vi­ously many com­ple­men­tary fea­tures, po­ten­tials and space for co­op­er­a­tion be­tween Abuja and He­bei Prov­ince. En­trepreneurs from He­bei are ea­ger to part­ner with Abuja in many mu­tu­ally ben­e­fi­cial fields,” he said.

Bello said FCT is a fer­tile ground for for­eign di­rect in­vest­ment be­cause of its strate­gic lo­ca­tion, con­ducive at­mos­phere, tight se­cu­rity and a cen­tral­ized air­port and rail­ways that would soon be fully de­vel­oped in the next cou­ple of years.

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