Chinese Investors Wooed By Rail, Energy, Communication Sectors

A group of investors from China in Abuja have expressed investment interest in energy, railway and communication sectors of Nigeria’s economy.

The leader of the delegation, Mr Alan Rainbird, President, Intrazones Energy Services Limited, stated this when the team paid a visit to the Minister of State for Foreign Affairs, Mrs Khadija Abba-Ibrahim.

Rainbird, said the visit was to promote investment cooperation between China and Nigeria.

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He said that the 20 man delegation comprising leaders of major companies in China would strike deals that would guarantee economic stability and national security in Nigeria.

“We want to promote our cooperation between the two countries and contribute our quotas to the growth of Nigerian economy.

Picture of Nigeria's President Buhari and Chinese president, Xi Jinping
Picture of Nigeria’s President Buhari and Chinese president, Xi Jinping

“Our programme for Nigeria is larger than railway construction.

It will bring large scale permanent employment to the people; it will add value to the nation’s resources and generally address the problems of instability and insecurity. It will also bring down the country’s level of import.

“Investing in railway is an important part of infrastructural programme because it will have ripple effect on all sectors of the economy,” he said.

He also disclosed that the team would be visiting Lagos and Calabar subsequently.

The Chief Executive Officer, Research and Design Institute Group, Mingzh Wang, said the visit of Chinese companies to the country was a sign of their commitment to the business opportunities.

“It will also contribute in strengthening the corporation between Nigeria and China”, he said.

He said that his company was interested in investing in refinery and the oil sector.

The minister commended the investment drive of the delegation, stressing that the relationship between Nigeria and China has been a cordial one, adding that there are several Chinese Companies operating here in Nigeria.

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Daniel Enisan is a content writer at With a degree in mass communication, Daniel is a full breed journalist. Daniel is a realist, loves the use of sarcasm, a movie and music junkie. He is also a poet and a good listener.

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