(Ecofin Agency) - Chinese firms plan to invest up to US$200 million in mining and agricultural sectors of Jigawa State, in Nigeria. After visiting Maigatari’s Export Processing Zone, Zinyong Lu who led a delegation of Chinese investors told press: “you have a state government that is willing to boost its agriculture and our intention is to invest in chemical fertliser production, irrigation and production of agricultural equipment”

The businessman added that between US$15 to 200 million will be gradually invested. The initial fund should be injected in Jigawa by the end of the year.

Chinese investors welcomed the establishment of EPZ by local government as its proximity wiith Niger, Chad and Cameroon makes it an asset for their establishment in Nigeria.

Aaron Akinocho