Chinese government has said that it would invest over $1 billion in Nasarawa State through the Tongyi Group in the next five years.
General Manager, China Public Procurement, Mr. Yong Shubo, disclosed this in a chat with newsmen after an interactive section with the state government officials at the Government House Lafia, at the weekend.
Shubo explained that the investment would be in the areas of power generation, mining, Airport, job creation and road construction.
The General Manager noted that China was looking at the possibilities of making Nasarawa state an investment heaven because of the opportunities that were bound due to its proximity to federal capital.
According to him, the Chinese government would equally look at the Karu International Market and prepare proposal for areas of partnership and job creation.
He pointed out that the market was capable of creating over hundred thousand jobs with a multiplier effect subsequently.
Speaking earlier, Governor Umaru Tanko Al- Makura expressed confidence in the group owing to their track record of good works in other countries of the world.
Al-Makura said that the collaboration with the Chinese investors would open up frontiers of investment opportunities and create wealth for the state.

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