Monday, 1 May 2017

Chinese shoe production in Aba will boost competition - Ikpeazu

May 1, 2017


By Ijendu Iheaka


Governor Okezie Ikpeazu of Abia State has said that the entry of the Chinese into Aba shoe and garment production process will engender healthy competition among producers.

Ikpeazu disclosed this on Sunday evening while showing the Chairman of Huajian shoe factory, China, Mr Zhang Huarong some locations for sitting of their factory around Aba metropolis.

"The coming of Zhang Huarong and his team will boast the Aba leather and garment industry. We welcome them with our hearts to come and invest in Aba.
"We also encourage our people to see their coming as a healthy competition. I have no doubt that our people in Aba will take advantage of their coming and competition it will provide to improve on what we are already doing.

"Our target is to conquer the African leather and garment market. I am happy that the Chinese investors are responding to our request for them to come and invest in our state and make their products in Aba," he said.

The governor also showed the team a Chinese-owned Steel factory, Inner Galaxy, already operating in Ukwa West local government area of Abia state to encourage the new investor, Huarong.

He said he chose the venue to show the Chinese team that some of their brother investors were already in Abia and applauded the level of infrastructure in Inner Galaxy and its employment of many Abians.

The Chairman of Haujian shoe company, Zhang Huarong said they were in the state to ascertain the level of preparedness of Abia state to host the $1.5 billion investment.

Huarong, said the essence of the visit was to seal the deal which started during the Governor's visit to his Shoe factory in China in the third week of April.

He expressed the readiness of his company to partner Abia State to deliver the project quickly.

He described Abia as a beautiful and calm environment where business could thrive adding that China had enjoyed a robust relationship with Nigeria.

"China has enjoyed a robust relationship with Nigeria and having a factory in Abia would build on the relationship as well as help accelerate the industrialization drive of the Governor", he said.

Huarong expressed his desire to be part of the technological development of Abia State and Nigeria and also showed interest in sharing in its mining industry and commerce.

He described Nigeria as an open market, and said that the planned investment will project Abia state to the world.

He noted that Nigeria would be a major trade centre in the next 20 years as he had seen a good future for the proposed shoe company in Abia State.

It would be noted that Ikpeazu had brokered  a  $1.5 billion deal with the Huajian shoe factory in China for the establishment of a Shoe factory in Aba while on a visit to the company in Dongguan, Guangzhou, China in April.

No comments:

Post a Comment