Ben Ayade

Cross River: More Chinese Firms Indicate Interest in the C/River Deep Seaport, Superhighway

crsimage ayadeThe signature projects of Cross River State government, the Bakassi Deep Seaport and the 260km Calabar-Katsina-Ala Superhighway have continued to attract interest from foreign investors.

The latest of the new investors to express strong interest in the multi-billion dollars projects are 23rd Metalurgical Construction Group from China, Tidfore Heavy Equipment Group also from China as well as Vivienda Builders who are into housing projects.

Leading the groups in a presentation to Governor Ben Ayade in his conference room in Calabar, Barrister Clara Ndive, of Clara Ndive and Company, a team of investment facilitators, explained that the companies were proud to be associated with the projects.

In her words, “It gives us great pleasure as we watch you during the groundbreaking ceremony as the first governor to be swift in driving investment into your state. Endeared by the peaceful nature of the state, we are here with 100 percent funding to invest in the projects.”

Ndive also disclosed: “This company based in China feels so confident in the governor and strongly believes that this is the type of governor we are going to work with, with or without funds.”

In his presentation, Professor Moses Okonkwo said 23rd Metalurgical has the necessary expertise and funds to undertake the construction of both the deep seaport and the superhighway. According to him The partnership marks the beginning of the realisation of Governor Ayade’s signature projects.

The Group also indicated interest in the Tinapa Business Resort and free healthcare services including surgeries, as part of its humanitarian programs.

Responding, Cross River governor, Prof Ben Ayade welcomed their proposal while urging the team to ensure that they leave the state, nation and indeed Africa better than they met it.

His words: “We must rise beyond the vanilla that comes with the projects, but the prospects for ushering in of a dawn of prosperity for mankind. Let it be that when death comes and you have to go, Saint Peter will give you clearance for providing 30,000 jobs.”

The governor observed that having been a victim of International politics and economy, it behoves on the nation to see the strength of its currency as the strength that will wet the appetite of investors to come in and invest.

“If Africa must rise and become the continent that can be self sufficient, it does not necessarily require that Africa has to close her doors but must do International trade, add value to her local currency on her own terms.”

He argued that the deep seaport, when completed, “will cater for not just West and Central Africa, but entire Africa, providing an alternative gateway into the country which is ideal for security and strategic purposes.
His words: “Our choice for the deep seaport is focused on capturing the market, it goes beyond trading and survival but a modern seaport that will be a shipping hub with hope to be a real anchor for grand mother vessels.”

Ayade who said President Muhammadu Buhari has given full backing to the project, also disclosed that steering committees have also been inaugurated at the state and federal levels for a smooth take off of the project.

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Posted by on May 18 2016. Filed under Ben Ayade Desk. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry

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