Chinese firm to invest $30m in Delta

Chinese firm to invest $30m in Delta

Delta State stance to benefit in the ongoing industrial revolution going on in the country as the Owners of North China Construction Company have unveiled a plan to in­vest $30million in infrastructural development in Delta State.

This was made public on Mon­day at the signing of a Memoran­dum of Understanding (MoU) on massive infrastructural develop­ment between the state govern­ment and the company.

The Chairman of North China Construction Company Limited (African Division), Mr Qi, ex­plained that the partnership would lead to the transformation of infra­structure in the state and accelerate its economic and social develop­ment.

In his speech, Governor Ifeanyi Okowa said his administration is willing to partner with credible in­vestors to develop the state.

Okowa also said government would partner with willing inves­tors who have the technical and financial capacity for the develop­ment of the state.

The MoU was signed by Mr Festus Agas, Secretary to the State Government (SGF) and Olorogun David Edevbie, Commissioner for Finance on behalf of the state gov­ernment and Mr Wu Guo Qi rep­resented the Chinese company.

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