Chinese Firm Plans Computer Plant in Nigeria

Chinese Firm Plans Computer Plant in Nigeria

Must Read

List of Guaranty Trust Bank Sort Codes & Branches (with addresses) in Nigeria

The sort code is a number which usually identifies both the bank and the branch where an account is...

List of Access Bank Sort Codes & Branches (with addresses) in Nigeria

The sort code is a number which usually identifies both the bank and the branch where an account is...

Top 10 Most Expensive Universities In Nigeria

For many Nigerians, high-quality higher education is a luxury. There are many private universities who are known not only...
- Advertisement -
- Advertisement -

Spur Group, an information technology company from China, has said that it will establish a computer hard and soft wares manufacturing plant in Nigeria.

The company stated this when its delegation visited Grace Ekpiwhre, minister of Science and Technology to fine-tune modalities for its take-off.

Mr Yang Ming, general manager of the firm, said they decided to invest in Nigeria because of the cordial investment climate and similarities of developmental challenges.

He said his firm is one of the three top IT firms spreading e-government and IT enterprises in China.

He disclosed that the company is already in South Africa adding “we produce cheaper and affordable computers.”

The company’s visit was facilitated by the Federal Ministry of Science and Technology and the Nigeria Investment Promotion Commission (NIPC)

Read:  How Drake's #InMyFeelingsChallenge Could Land You In Jail

Responding, Ekpiwhre, advised the investors to consider safety measures and sustenance of sensitive computer equipment in its Research and Development scheme.

She said that only tropicalised computers are needed in the country and that there was vast a market for information and telecommunication technology in Nigeria.

Ekpiwhre urged investors to consider the Nigerian environment by producing solar-powered computer systems for the country.

She explained that this was the only way the present low IT penetration in the country could be overcome.

Read:  INTRODUCING FGN SAVINGS BOND OFFER FOR JANUARY 2018

Ekpiwhre said the firm’s vision tallied with the Ministry’s policy of penetrating rural areas with ICT is in line with the e-government policy of the federal government.

Read:  FSDH Weekly Insights: Equity Market Ready for Another Rally

She urged the firm to hasten its presentation of concrete manufacturing proposals to the government.

The Minister assured them of government’s tax-free incentives and land to encourage foreign investment in the country.

- Advertisement -

Subscribe to BrandSpur Ng

Subscribe for latest updates. Signup to best of brands and business news, informed analysis and opinions among others that can propel you, your business or brand to greater heights.

1 COMMENT

LEAVE A REPLY

Please enter your comment!
Please enter your name here

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Latest News

Take off to Strategy 2025 goals: DHL Express upgrades its fleet with six new Boeing 777 Freighters this year

First delivery of 2020 batch accomplished, recent 777F touched down at its operational home base Cincinnati last ThursdayDHL continues...

Billionaire Mai Vu Minh welcomed the assistant of Bosnia-Herzegovina President to pay an official visit to Vietnam

The visit is one of the activities of the program "Bilateral investment cooperation between SAPA Thale Group and Bosnia - Herzegovina Government and leading...

OVH Energy Marketing Commits to Reshaping Nigeria’s Fuel Retail Landscape

OVH Energy Marketing, a licensee of the Oando retail brand, has restated its commitment to reshaping the fuel’s retail landscape. The company made this...

HP Nigeria Unveils HP Elite Dragonfly PC (Photos)

HP West Africa has launched the new HP Elite Dragonfly PC as part of its desire to continue driving innovation in the technology space. Speaking...

Islamic Development Bank Issues its Largest Ever Sukuk Worth US$ 2 Billion

The Islamic Development Bank (IsDB) has priced its largest Sukuk issuance ever, raising US$ 2 billion in 5-year Trust Certificates under its US$ 25...
%d bloggers like this: