News

Saudi group to establish multimillion dollar Agric city in Kwara

 

A Saudi investment company, Zain Al-abdin Group, has concluded plans to set up an agric city in Kwara State.
The proposed agric city, which is to be located along the River Niger in Kwara North will comprise a cluster of farms specialising in cultivation, processing and export of rice, maize and vegetables.
The chairman of the investment group, Zain Al-Abdin Nafawi, disclosed this when he and other members of the group visited the Kwara State Governor, Alhaji Abdulfatah Ahmed, at the Government House, Ilorin on Tuesday.
According to the chairman, the agric city will also contain facilities such as schools, hospitals, shops and other associated services. He noted that the project is a multimillion dollar investment, which will commence as soon as all paper work is completed.
Responding, Governor Ahmed directed the officials of the state Ministry of Agriculture to meet with the investors to iron out modalities for the commencement of the project.
Ahmed expressed delight at the intention of the Saudi businessmen to invest in Kwara State, which he said has a population of hardworking young people who are available to work on the farms and also market the farm produce.
He further noted that the proposed investment is in line with the government’s plan to broaden the state economy, feed the people and provide feed stock for industries.
Governor Ahmed said the state has all the appropriate facilities including an airport as well as an incoming cargo terminal that has wet storage facilities. He assured that the government will continue to initiate policies and create enabling environment to attract investors and support businesses in the state.

Show More

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *