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Chinese firm, Jiangxi, to establish Nigerian hqts in Calabar

(R) Cross River State Governor, Professor Ben Ayade with (L) the Chief Executive Officer of China Jiangxi Corporation for International Economic and Technical Corporation, Mr. Changquing Cao, during a business meeting in Calabar. Wednesday.

The efforts of  the Professor Ben Ayade-led administration in Cross River State to industrialise the state got a major boost with a Chinese firm, China Jiangxi Corporation for International Economic and Technical Cooperation, announcing its plans to locate its Nigerian headquarters in Calabar.

The firm also indicated a strong interest in the state’s superhighway project as well as the housing sub-sector.
Deputy Chairman of the firm, Changqing Cao, disclosed this when he led his team on a courtesy call on the governor in Calabar on Wednesday.
Cao said that “the company ranks 250 among  notable international contractors as presented by the United States Engineering News records.”
He said the choice of Calabar was apt as it shares similar topographical features with the Jiangxi province of China.
According to the Deputy Chairman, “We have 20 branches, 18 in Africa including Kenya, Zambia, Namibia, Ethiopia, among others.
He said the company is currently building an airport in Zambia and a university hospital in Kenya.
Explaining that the firm has interest in the construction of the superhighway, Cao said if approved by the governor, its road construction engineers will be deployed to the state for commencement of feasibility studies.
He maintained that the firm also seeks to “embark on social housing, as Nigeria with a huge population is faced with accommodation challenges which must be tackled to boost the economy so that it would impact positively on the citizenry.”
Responding, Governor Ayade expressed hope that having established strong footing in various West Africa countries, he was confident that the firm will replicate same experience in Cross River.
“Make haste, as right now, we are under pressure from other companies, but as a state, we have not committed to any specific company in paper and in writing for the superhighway. It is open and virgin, you can come in as soon as you can,” Ayade said.
The governor implored the firm to “fast track institutional approvals and other processes necessary as we are ready to give you accommodation, provide logistics support to make sure your stay in Calabar is highly focused on delivering on the task.”
He commended the firm for choosing to locate its Nigerian headquarters in Calabar.
Ayade said the choice of Calabar was appropriate, and listed the over 21,000sq km land bounded by the Atlantic Ocean, the proposed Bakassi deep seaport to aid in the evacuation of goods while providing a link to other West Africa countries as benefits that Jiangxi Corporation will enjoy if it fully partakes in doing business and establishing its headquarters in Calabar.

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