When
top world industry presidents and national leaders who share similar
passions gather for a time of presentations, discussions and exchange of
ideas, magic always happens. In meetings such as this, with the right
people connecting within a sphere of good intentions and available
resources, the stage is often set for groundbreaking deals that
positively impacts participating nations.
This
is exactly what occurred when Choice International Group in partnership
with the Nigerian Governors Forum brought together 15 State Governors
from Nigeria with Presidents of some of the largest conglomerates in
China for the first Nigeria-China Governors’ Investment Forum in
Guangzhou, China.
The two-day event, a first of
its kind, had in attendance Governors representing all the
Geo-political zones of the country such as Gov Samuel Ortom, Benue
State; Gov Ifeanyi Okowa, Delta State; Gov. Abiola Ajimobi, Oyo State,
Gov. Abdullahi Umar Ganduje; Kano State; Gov. Abubakar Sani Bello, Niger
State; Gov Okezie Ikpeazu, Abia State; Gov Aminu Tambuwal, Sokoto
State; Gov. Kashim Shettima, Borno State, Governor Rauf Aregbesola, Osun
State; Dep. Gov. Anambra State, Nkem Okeke, Dep. Gov. Ebonyi State,
Others are the The Chairman of the Nigerian Governors’ Forum and
Governor of Zamfara State, Gov. Abdul’aziz Abubakar Yari, Plateau,
Kwara and more. The Vice Mayor of Guangzhou, Cai Chaolin; President of
GAC Group, Zeng Qinghong; President of Choice International, Diana Chan;
the Executive Secretary of the NGF, Mr. Shittu, CEO of Del-York
International; Linus Idahosa, President of the China Africa Development
Fund and many other leaders of Fortune 500 Companies from China graced
the event.
Following closely on the heels of
the productive bilateral discussions that were held in April, 2016
between His Excellency, President Muhammadu Buhari and President of
China, Xi Jinping, this Forum has brought about vital closeness between
China and Nigeria as well as broadened the diplomatic and economic
relationship between both countries.
It is the first time that such a large contingent of Nigerian state chief executives attended the same event abroad.
OUTCOMES OF THE FORUM
The
first Nigeria-China Governors’ Investment Forum would go down in
history as one event that set the tone for the sealing of major deals
and an improvement in the economic sustainability of participating
states.
These outcomes from the Forum will not be forgotten in a hurry:
- The Abia State Governor, Dr. Okezie Ikpeazu, brokered a $1.5 billion project for the establishment of a shoe industry in Aba, the commercial nerve Centre of Abia State, from Huajian Shoe Industry in Dongguan, Guangzhou, China. The Abia State-Huajian Shoe Industrial City, which will be located in Aba, will have capacity to produce 5,000 shoes per day and employ about 10,000 people directly and indirectly. The Abia State Government will provide the land and other investment incentives for the project, while the Huajian Group will fund the entire project.
- The 15 State Governors and their teams visited the 121st Canton Fair in Guangzhou which provided the opportunity for participants to among other things access investment funding, develop new markets for Nigerian products and services, procure machinery and explore partnership.
- Delta State Governor Ifeanyi Okowa sealed a deal with major manufacturing companies in China to boost mechanized farming in the state such that farmers would have access to basic modern equipment and other necessary tools required to make farming less cumbersome and very attractive.
- President of fashion giants Miniso Group, Mr. Yu Guofu stated that his organization is interested in opening hundreds of shop outlets as well as a world-class University in Nigeria. This investment has a prospect of generating at least 20,000 employment opportunities across Nigeria. Miniso is one of the fastest growing retail chain businesses in the world.
- The State Governors made several deals and connections to attract direct foreign investment to the country, job creation for teeming Nigerian youths and industrial revolution.
- GAC Motor’s GA8 and GS8, which were designated as the official vehicles for the forum, greatly impressed the delegates with their luxurious and comfortable ride experience, original design, exquisite craftsmanship and state-of-the-art technologies. The governors also had the unique opportunity of going on a guided tour of the GAC Motors Factory.
NOTABLE GUESTS & QUOTES
Everyone
who attended this timely event attested to the fact that it signaled
the start of an improved collaboration between Nigeria and China, with
the delegates promising their cooperation and dedication to the outcomes
of the forum.
Vice Mayor of Guangzhou, Cai Chaolin,
said Nigeria as Africa’s largest economy, and Guangzhou are highly
complementary to each other in areas like manufacturing, agriculture,
cultural exchanges and infrastructure development. Chaolin noted that
there are vast potential for cooperation between the two countries,
saying: “The Guangzhou Municipal Government has always attached great
importance to all-round cooperation with Nigeria. We believe this forum
will be a great opportunity for China and Nigeria to further their
long-standing friendship, and construct a new bridge for investment
activities between the two nations.”
In her formal welcome address to the Forum, Ms. Diana Chan, President of Choice International averred
that in line with China’s One Belt One road policy, her company is now
playing a key role as part of an increasing number of Chinese
enterprises that are operating and investing in Africa. She said: “At
Choice International, we take this investment seriously and are
committed to ushering in a new blueprint to realize opportunities for
our future mutual development. More importantly, we have also been
building on relationships and enhancing opportunities for deepening the
social, cultural and economic bonds between Nigeria and China. I am
certain that we can create great possibilities together. Yes, starting
from right here, with the right people, processes and products, all
these will come together for the mutual benefit of both our nations”.
Chairman NGF and Governor of Zamfara State; Gov. Abdul’aziz Abubakar Yari,
welcomed the delegates to the forum, while emphasizing the need for
Agro mechanization; he sees this as the bedrock of Nigeria’s
development. He reiterated the need for the diversification of the
Nigerian economy from oil to Agriculture, which is one of the goals of
the current administration of Nigeria and urged the Government of China
to partner in this endeavor.
Benue State Governor, Samuel Ortom
in his presentation expressed the desire of Benue State Government to
engage in joint venture through equity participation with foreign
investors, Public Private Partnership, Build, Operate and Transfer as
well as Foreign Direct Investment. “The state is a fantastic location
for the development of agriculture-allied industries due to
accessibility and abundance of raw materials and we are willing to give
special attention to infrastructure to support investment projects” the
Governor said.
President of GAC Group, Zeng Qinghong
while delivering his speech said that GAC Group’s private brand GAC
Motor has developed stable sales channels in Nigeria and achieved
outstanding sales records. “With automobiles as a bridge, GAC Motor has
not only benefitted Nigeria with high-quality products and services, but
has also brought management expertise and technologies there, thus
increasing employment and enabling resource integration, technological
innovation and sustainable development.
The Delta State Governor, Ifeanyi Okowa
while on a tour of some manufacturing companies in China during the
two-day Forum was quoted as saying: “We are going round everywhere to
talk to big time industrialists, manufacturers and experts in production
of goods and services; and at the end of this investment forum we
should be able to commence urgent paper work with our foreign investment
partners and equipment suppliers. We are working very hard, piloting a
new era of massive socioeconomic remodelling of our state.”
According to Mr. Linus Idahosa, CEO of Del-York International
– “It is high time we began investing in our appreciating assets rather
than our depreciating assets. I was quite impressed by the speech of
Prof. Haiwen of the HSBC Business School, in which he analyzed the
trajectory Nigeria’s road to development will take as compared to that
of China. It is imperative that we place premium on human capital
development. Indeed, with the opportunity of setting up vocational
institutes for skills acquisition and development that this forum
offers, we enhance the important process of bridging the gap between
industry and academia.”
The successful
investment forum came to a close with a cooperation signing ceremony
that featured the presentation of commemorative plaques and attendance
certificates at an exquisitely elaborate closing banquet.
The
Forum is an initiative of Choice International which is the sole
authorized representative and distributor of GAC Motors and Gree Air
conditioners in Nigeria and also the brand owners of Lontor home
appliances.
Nigerian State Governors & Chinese Industry Leaders Gather for the first Nigeria-China Governors’ Investment Forum In China
Nigerian State Governors & Chinese Industry Leaders Gather for the first Nigeria-China Governors’ Investment Forum In China
When
top world industry presidents and national leaders who share similar
passions gather for a time of presentations, discussions and exchange of
ideas, magic always happens. In meetings such as this, with the right
people connecting within a sphere of good intentions and available
resources, the stage is often set for groundbreaking deals that
positively impacts participating nations.
This
is exactly what occurred when Choice International Group in partnership
with the Nigerian Governors Forum brought together 15 State Governors
from Nigeria with Presidents of some of the largest conglomerates in
China for the first Nigeria-China Governors’ Investment Forum in
Guangzhou, China.
The two-day event, a first of its kind, had in attendance Governors representing all the Geo-political zones of the country such as Gov Samuel Ortom, Benue State; Gov Ifeanyi Okowa, Delta State; Gov. Abiola Ajimobi, Oyo State, Gov. Abdullahi Umar Ganduje; Kano State; Gov. Abubakar Sani Bello, Niger State; Gov Okezie Ikpeazu, Abia State; Gov Aminu Tambuwal, Sokoto State; Gov. Kashim Shettima, Borno State, Governor Rauf Aregbesola, Osun State; Dep. Gov. Anambra State, Nkem Okeke, Dep. Gov. Ebonyi State, Others are the The Chairman of the Nigerian Governors’ Forum and Governor of Zamfara State, Gov. Abdul’aziz Abubakar Yari, Plateau, Kwara and more. The Vice Mayor of Guangzhou, Cai Chaolin; President of GAC Group, Zeng Qinghong; President of Choice International, Diana Chan; the Executive Secretary of the NGF, Mr. Shittu, CEO of Del-York International; Linus Idahosa, President of the China Africa Development Fund and many other leaders of Fortune 500 Companies from China graced the event.
Following
closely on the heels of the productive bilateral discussions that were
held in April, 2016 between His Excellency, President Muhammadu Buhari
and President of China, Xi Jinping, this Forum has brought about vital
closeness between China and Nigeria as well as broadened the diplomatic
and economic relationship between both countries.
It is the first time that such a large contingent of Nigerian state chief executives attended the same event abroad.
OUTCOMES OF THE FORUM
The first Nigeria-China Governors’ Investment Forum would go down in history as one event that set the tone for the sealing of major deals and an improvement in the economic sustainability of participating states.
The first Nigeria-China Governors’ Investment Forum would go down in history as one event that set the tone for the sealing of major deals and an improvement in the economic sustainability of participating states.
These outcomes from the Forum will not be forgotten in a hurry:
- The Abia State Governor, Dr. Okezie Ikpeazu, brokered a $1.5 billion project for the establishment of a shoe industry in Aba, the commercial nerve Centre of Abia State, from Huajian Shoe Industry in Dongguan, Guangzhou, China. The Abia State-Huajian Shoe Industrial City, which will be located in Aba, will have capacity to produce 5,000 shoes per day and employ about 10,000 people directly and indirectly. The Abia State Government will provide the land and other investment incentives for the project, while the Huajian Group will fund the entire project.
- The 15 State Governors and their teams visited the 121st Canton Fair in Guangzhou which provided the opportunity for participants to among other things access investment funding, develop new markets for Nigerian products and services, procure machinery and explore partnership.
- Delta State Governor Ifeanyi Okowa sealed a deal with major manufacturing companies in China to boost mechanized farming in the state such that farmers would have access to basic modern equipment and other necessary tools required to make farming less cumbersome and very attractive.
- President of fashion giants Miniso Group, Mr. Yu Guofu stated that his organization is interested in opening hundreds of shop outlets as well as a world-class University in Nigeria. This investment has a prospect of generating at least 20,000 employment opportunities across Nigeria. Miniso is one of the fastest growing retail chain businesses in the world.
- The State Governors made several deals and connections to attract direct foreign investment to the country, job creation for teeming Nigerian youths and industrial revolution.
- GAC Motor’s GA8 and GS8, which were designated as the official vehicles for the forum, greatly impressed the delegates with their luxurious and comfortable ride experience, original design, exquisite craftsmanship and state-of-the-art technologies. The governors also had the unique opportunity of going on a guided tour of the GAC Motors Factory.
The State Governors & Other Delegates on a tour of GAC Motors’ Factory
NOTABLE GUESTS & QUOTES
Everyone who attended this timely event attested to the fact that it signaled the start of an improved collaboration between Nigeria and China, with the delegates promising their cooperation and dedication to the outcomes of the forum.
Everyone who attended this timely event attested to the fact that it signaled the start of an improved collaboration between Nigeria and China, with the delegates promising their cooperation and dedication to the outcomes of the forum.
Vice Mayor of Guangzhou, Cai Chaolin,
said Nigeria as Africa’s largest economy, and Guangzhou are highly
complementary to each other in areas like manufacturing, agriculture,
cultural exchanges and infrastructure development. Chaolin noted that
there are vast potential for cooperation between the two countries,
saying: “The Guangzhou Municipal Government has always attached great
importance to all-round cooperation with Nigeria. We believe this forum
will be a great opportunity for China and Nigeria to further their
long-standing friendship, and construct a new bridge for investment
activities between the two nations.”
In her formal welcome address to the Forum, Ms. Diana Chen, President of Choice International averred
that in line with China’s One Belt One road policy, her company is now
playing a key role as part of an increasing number of Chinese
enterprises that are operating and investing in Africa. She said: “At
Choice International, we take this investment seriously and are
committed to ushering in a new blueprint to realize opportunities for
our future mutual development. More importantly, we have also been
building on relationships and enhancing opportunities for deepening the
social, cultural and economic bonds between Nigeria and China. I am
certain that we can create great possibilities together. Yes, starting
from right here, with the right people, processes and products, all
these will come together for the mutual benefit of both our nations”.
Chairman NGF and Governor of Zamfara State; Gov. Abdul’aziz Abubakar Yari, welcomed
the delegates to the forum, while emphasizing the need for Agro
mechanization; he sees this as the bedrock of Nigeria’s development. He
reiterated the need for the diversification of the Nigerian economy from
oil to Agriculture, which is one of the goals of the current
administration of Nigeria and urged the Government of China to partner
in this endeavor.
Benue State Governor, Samuel Ortom in
his presentation expressed the desire of Benue State Government to
engage in joint venture through equity participation with foreign
investors, Public Private Partnership, Build, Operate and Transfer as
well as Foreign Direct Investment. “The state is a fantastic location
for the development of agriculture-allied industries due to
accessibility and abundance of raw materials and we are willing to give
special attention to infrastructure to support investment projects” the
Governor said.
President of GAC Group, Zeng Qinghong while
delivering his speech said that GAC Group’s private brand GAC Motor has
developed stable sales channels in Nigeria and achieved outstanding
sales records. “With automobiles as a bridge, GAC Motor has not only
benefitted Nigeria with high-quality products and services, but has also
brought management expertise and technologies there, thus increasing
employment and enabling resource integration, technological innovation
and sustainable development.
The Delta State Governor, Ifeanyi Okowa while
on a tour of some manufacturing companies in China during the two-day
Forum was quoted as saying: “We are going round everywhere to talk to
big time industrialists, manufacturers and experts in production of
goods and services; and at the end of this investment forum we should be
able to commence urgent paper work with our foreign investment partners
and equipment suppliers. We are working very hard, piloting a new era
of massive socioeconomic remodelling of our state.”
According to Mr. Linus Idahosa, CEO of Del-York International –
“It is high time we began investing in our appreciating assets rather
than our depreciating assets. I was quite impressed by the speech of Prof. Haiwen of the HSBC Business School,
in which he analyzed the trajectory Nigeria’s road to development will
take as compared to that of China. It is imperative that we place
premium on human capital development. Indeed, with the opportunity of
setting up vocational institutes for skills acquisition and development
that this forum offers, we enhance the important process of bridging the
gap between industry and academia.”
The
successful investment forum came to a close with a cooperation signing
ceremony that featured the presentation of commemorative plaques and
attendance certificates at an exquisitely elaborate closing banquet.
The
Forum is an initiative of Choice International which is the sole
authorized representative and distributor of GAC Motors and Gree Air
conditioners in Nigeria and also the brand owners of Lontor home
appliances.
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