The Katsina State Government has announced a $150 million investment deal with China Overseas Engineering Co. Ltd. (COVEC), following a three-day investment mission facilitated by the Nigerian Investment Promotion Commission (NIPC). The 25-member Chinese delegation, led by Mr. Ahmed Yarima, visited Katsina to explore opportunities across key sectors of the state's economy.
As part of the deal, the government will allocate 4,000 hectares of land for large-scale agricultural and industrial projects. These include maize cultivation on 2,500 hectares at Sabke Dam to support livestock feed production, a fisheries value chain on 380 hectares at Dabirang Dam, and the creation of a leather processing factory and agricultural research institute.
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The consortium will also partner with the state to expand the Goat Breeding Centre at Ladanawa and establish the Katsina State Green Economic Zone — moves expected to open opportunities for local SMEs in the agribusiness value chain.
Beyond agriculture, COVEC has expressed interest in the energy sector, with plans to establish a solar products assembly plant to serve Nigeria's growing demand for renewable energy. Governor Dikko Radda assured the investors of his administration's support, noting that the projects would strengthen the state's economy, create jobs, and empower small businesses through new value chains.
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