Nigeria's Bauchi State Government is set to sign a Memorandum of Understanding (MOU) with some Chinese investors wishing to invest in the state's economy. The areas earmarked for investment include crop production, farm mechanisation, inputs production, agro-processing and water development.
The parties said that signing the pacts would ignite bilateral cooperation between the state and China for economic development, investment, technical assistance and partnership in agriculture.
This was disclosed after a team of Chinese investors and experts concluded a three-day official visit to Bauchi State, where they explored areas of interests.
The team, led by Prof. Liu, of China General Engineering and Construction Company, was conducted round the state by the Bauchi State Commissioner of Agriculture, Dr Yusuf Yakubu Mahmoud, who is the chairman of the state's executive council-appointed committee.
Source: allafrica.com
