By Victor Bieni
The Chairman, Delta State Investments Development Agency (DIDA), and Executive Assistant to Governor Ifeanyi Okowa on Investment matters, Hon. Paul Nmah has commended Governor Okowa’s recent Legacy in the manufacturing sector stating that the Governor has earned global recognition. In an extention of the disclosure he said that the state government is has Partner Chinese Textile and Shoes Company in the state and thus, its corresponding effect is job Creation for the youths in the State.
Mr Nmah dislosed this to AFRICASECURITYINVESTIGATION Reporter on Thursday at Delta State Textile and Shoe Company, Issele-Uku, Aniocha North LGA of Delta State during an inspection and tour of the Management team of Delta State Investments Development Agency (DIDA) led by the CEO and his team of Shaoxing County Xubo Textile Company LTD, a World Class Chinese Textile and Shoe Manufacturing Company based in China.
DIDA Boss said that this is an effort to boost investments drive in Delta State as the management led by him and his DG, Chief Lucky Oghene-Omoru stormed the factory’s premises in Isseleuku which has been idle for a very long time. However, with his passion for internally generated revenue through investment initiative went into discussions and negotiations with the Chinese Supply Chain Intelligence which has yieded positive economic results capable of changing the narratives of the State’s Comparative cost Advantage in the Manufacturing and Investments Development sectors.
In his words: “Shaoxing County Xubo Textile Co., Ltd, a world class Chinese textile and shoe manufacturing Company based in China has partner with Delta State Government to put the Billion Naira investments into full production. The textile company when in full maximum production will create over a thousand employment opportunities for our young people. It will also provide training to the Youths and increase State IGR”.
“The Partnership initiative is for Shaoxing County Xubo Textile to commence operations by the end of February 2020, expand the factory and relocate equipment from China to Delta State in other to commence full production of various manufacturing of fabrics and shoes. Also to set up a training factory to provide training and certification for Deltans in textile equipment, engineering, textile chemicals, analysis and training”.
DIDA Boss also stated that the knowledge his Agency, Delta state investments Development Agency gained recently in south Africa from a Workshop conducted by African investment Development Bank funding forum will be an added Advantage to the future State Investments exploits while Commending the Director-general of the Agency, Chief Luck Oghene-Omoru, an investments experts and other DIDA officials and Staff on their exploits and Support towards sustainable Investments Development.
The Leadership of the Chinese Firm in an interview with our reporter Commended Delta state Government on their Investments development efforts and Industrial Revolution quest by partnering with them towards the promotion of exports drive in Textile and Shoe Manufacturing, and pledged to do more business with the state government.
No doubt, they were very exited after the tour of the moribund Delta Textile and Shoes Company. The Chinese Firm said that the group was eager to commit funding toward rehabilitation of the former equipment and importation of morden manufacturing equipment to promote expansion processes and commence manufacturing using the facility.
In another development, the CEO of Xubo Textile and Shoe Company further noted that they have extensively conducted market research in Nigeria and discovered hudge market potential in textile industries and manufacturing in Nigeria, precisely Delta State. Stating that their intention is to use the manufacturing centre in Issele-Uku as an export facility to service their existing off-takers in Europe and other African countries.
Mr Nmah told our reporter that all the State Government investments efforts is to transform the State into investments heaven and to make sure that every formerly existed Company in the State is put to use, adding that abandoned facilities in Delta State such as Songai Amukpe, the AT&P facility in Sapele, the glass company in Ugelli will be revitalized to full investments use before the middle of Governor Okowa Ifeanyi’s tenure as to boost Delta state Internally Generated Revenue (IGR)
“Our Commitment is to make Governor Okowa’s administration a remarkable one with so many investment legacy through the combination of my hardworking DG, Chief Lucky Oghene-Omoru and God. We will transform Delta State and Governor Okowa will be an Investments super star in the history of Delta”, Nmah Stated.