Uche Cecil Izuora
Key Chinese firms have shown interest in Nigeria’s new energy infrastructure development and are engaging in talks to enter the industry.
Chairman of China International Contractors Association (CHINCA), Mr. Fang Qiuchen, said under the plan China and Nigeria would collaborate on new energy projects, digital smart cities, and infrastructure development.
Fang, dropped the hint in Abuja during the opening of China-Africa Economic and Trade Expo (CAETE) Exhibition in Africa (Nigeria).
According to him, the longstanding relationship between China and Nigeria, dating back to 1991, would be leveraged to share China’s advanced technology in various sectors, particularly infrastructure.
During maturity period the partnership would address Nigeria’s energy challenges and promoting sustainable urban development.
“The collaboration will leverage China’s advanced technologies and Nigeria’s vast resources to create a sustainable energy framework that will benefit both nations,” he said.
Fang stated that the projects would enhance energy access in Nigeria and contribute to the country’s economic growth.
“Both China and Nigeria are exploring the use of advanced technologies, such as big data; cloud computing, and Al, to enhance the intelligence and automation of infrastructure. “ he said
Fang added that the partnership would facilitate investments in solar, wind, and hydroelectric energy, aligning with global trends towards cleaner energy sources.
Also, the development of smart cities would integrate digital technologies to improve urban management and enhance the quality of life residents.
Mr. Xia Hao, Deputy Dean of the school of Economics and Trade at Hunan University, Changsha, said Nigeria’s large population and strong economic cooperation with china could accelerate its development in sectors like renewable energy and infrastructure.
Mr Joseph Tegbe, Director-General and Global Liaison for the Nigeria-China Strategic Partnership, said the partnership aligned with China’s Belt and Road Initiative (BRI) that seeks to position Nigeria as a critical hub in West Africa.
Tegbe said the partnership would drive socio-economic growth by leveraging China’s advanced technology and expertise in infrastructure and capacity for investment.
The exhibitors include over 100 companies namely China Communication Construction (CCCC), Power China, China Energy, China Civil Engineering (CCECC), China Harbour Engineering, China Road & Bridge, CGCOC Group, Guangxi LiuGong Machinery and Zoomlion, among others