CHINESE TEXTILE FIRM TO INVEST USD600 MILLION IN NIGERIA’S KANO STATE
July 1st, 2017
Chinese multinational company Shandong Ruyi Technology Group Co has confirmed it is considering investing USD600 million into textile and garment manufacturing plants in the northern Nigeria city, Kano. Talks between the Kano State Investment Promotion Agency and officials of the company have reached an advanced stage with a memorandum of understanding expected be signed in the next few months, said a note from the agency.
”We are about concluding talks with them and they were encouraged by the commitment of the [Governor of Kano state Abdullahi Umar ...
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