ZKTeco, a biometrics technology, identity management and security applications firm, says it plans to establish a research and development centre in Nigeria as part of its investment plans in the country.
The biometric firm said it planned to establish its business in Nigeria, which would serve as a hub for the sub-Saharan Africa market.
The President and founder of ZKTeco, Mr John Che, who was in the country on a working visit, gave this indication in Lagos, at an interactive session with the journalists organised by its local partner, SB telecoms and Devices Limited.
According to Che, the R&D centre will be located at the University of Lagos for easy access to local talents who will create solutions that can run on ZKTeco platforms.
He noted that Nigeria was considered to act as a hub for the rest of Africa because of the country’s strategic position on the continent, including its population, the market size and the GDP.
He acknowledged the government’s efforts to transform the economy via its diversification agenda and encouragement of foreign investments as part of the factors.
“ZKTeco already has a presence in South Africa and Egypt, but based on our growth objectives and the fact that Africa has a strong growth prospect, we decided to increase our stake in Africa. And we identified Nigeria as the epicentre of Africa, representing the strongest growth prospect on the continent, with opportunities to collaborate on its identity management and biometrics standard needs,” Che said.
He stated that Nigeria would achieve its developmental goals faster if it got its biometric identity management right.
Che stated that with ZKTecos expertise in biometric technology, identity security management and time management, the company hoped to collaborate with Nigerians, both in the private and public sectors, to help fast-track the country’s development.
The Chief Executive Officer of SB Telecoms and Devices Limited, Mr Afolabi Abiodun, added that ZKTecos relationship with Nigeria started about eight years ago when SB Telecoms became its accredited partner in Nigeria and the West African sub-region.