Abeokuta - The Chinese private sector is looking at Nigeria as an investment destination. This was the message 20 Chinese businessmen tried to convey during their meeting with the Ogun State Governor, Ibikunle Amosun.
The business delegation led by by the Chief Executive Officer (CEO) Shangai Engineering Works Nig. Ltd and Blue Diamond Investments Festus Mbisiogu, had entrepreneurs from established and renowned Chinese private companies in the areas of aviation, agriculture, metallurgy, real estate, medicines and mechanical engineering, reports Vanguard.
Mbisiogu said the total investment by the group into the Nigerian economy will be $300 billion as each of the businessmen is expected to pump in a whopping $15billion into selected areas of interest.
He said the delegation is among the biggest groups that visited the country of late.
Read more at Vanguard.