The future of Nigeria’s economy seems to be getting brighter by day since President Muhammadu Buhari made the famous business trip to the People’s Republic of China a few months back.
Many Nigerians have since expressed satisfaction over the success of the visit to China, which has yielded investments for Nigeria in excess of $6 billion.
The visit is said to have birthed several agreements and created potentials in different sectors of Nigerian economy, including power, solid minerals, agriculture, housing and rail transportation.
It was on this backdrop that some consummate private sector drivers who formed part of the trip tapped into opportunities provided by the tour sought to attract some conglomerates to invest in Nigeria.
Highlight of the trip was the business agreement sealed between an indigenous firm, the Urban Tech Engineering Limited and China CAMCE Engineering Company Limited in collaboration with DLK Engineering Limited.
This deal has paid off as the China CAMCE Engineering Company Limited, has already given a nod to come into Nigerian market with zeal and commitment to invest huge amount running into several billions of US dollars in some selected areas of Nigeria’s business life.
In fact, the firm has indicated its interest to get the largest chunk of her country’s $60 billion funds, set outside to develop investments in Africa to invest in Nigeria.
This huge money would be invested in projects under the Public Private Partnership, PPP, and Build Operate and Transfer, BOT, schemes without asking the government for a dime or contract sum.
China CAMC Engineering Co., Ltd (CAMCE) an incorporated company affiliated to China National Machinery Industry Corporation (SINOMACH), has shown interest to participate in the areas of; Power, Railway, Oil and Gas, Housing, Agriculture, Mining , Healthcare and Road Construction, etc.
CAMCE has successfully undertaken about a hundred large-scale international turn-key projects, complete equipment import and export projects and investment projects around the world over the past years.
It is on this account that a delegation from China CAMCE Engineering Company Limited, led by Mr. Yu Tao, had recently paid a visit to Nigeria.
The CAMCE delegation while in the country, had undertaken a tour of three South Eastern states of Anambra, Enugu and Ebonyi as well as Delta State, where issues of business interests and areas were outlined. Principally, the visited states indicated serious interest in the commitment of CAMCE to partner with its Nigerian collaborators to make a difference in the life of the nation.
