Orji Kalu, PowerChina sign $500 M Agro-industrial parks deal



Former Governor of Abia state, Sen. Orji Kalu and PowerChina, Monday, in Abuja, signed the deal for the establishment of five Agro-Industrial parks, worth $500 million, in different parts of Abia state.

Sen Kalu is facilitating the parks through SWIBER Africa in Alayi, Igbere, Ozu Item, Abiriba and Ukwueke.



According to him, PowerChina and SWIBER Africa would jointly fund the project to be handled by the Chinese firm.

The former governor said that the industrial parks would fulfill objectives of providing employment opportunities for members of the communities and raising foreign exchange for the country, especially the weak foreign exchange earning base of the nation.


According to him, “everything produced in the industrial park “will go to feeding Nigerians and export”.

The Managing Director of PowerChina Nigeria, Mr. Diego Tian, said that the industrial; parks would focus on the production and processing of rice, cassava and cashew nuts and related products.


He added that the parks to occupy about 11,000 hectares that would create new industries around agriculture, boost Nigeria’s self-sufficiency in food security and create at least 20,000 direct jobs.

The MD also said that they would have rice mills, processing plants for cassava and cashew nuts and warehousing for them, in addition to the production of Ethanol and starch.


Electricity power generation, he said would be part of the project which has been slated to take off at the beginning of next year.

https://osunreporters.com/2022/11/breaking-orji-kalu-powerchina-sign-500-m-agro-industrial-parks-deal/

At least 30% of the money will rest in his account.

No be only $500 million na $500 billion!

This fraudster doesn't want to stop all this NONSENSE.

Has he not deceived his people enough?

This is audio and political deal that won't see tomorrow. Na this kind deal dem dey use steal community lands.


I sell beautiful sneakers at affordable prices

A deal to steal,kill and destroy.

It's a Campaign gimmick, it will also steal community land, loot investors fund , those Chincos are accessory to fraud.

dvdwed:
A deal to steal,kill and destroy.

It's a Campaign gimmick, it will also steal community land, loot investors fund , those Chincos are accessory to fraud.

The same way they did in Lagos?

sonature1:
No be only $500 million na $500 billion!
This fraudster doesn't want to stop all this NONSENSE.
Has he not deceived his people enough?

He's working with Tinubu and both of them do the same thing.

Good way to go

Anybody that votes for that Heroin Sniffing Ugly Wretched Goblin called Thiefnubù is a big fool, Bandits are taking over the country and Agberos are terrorizing the streets of Lagos everyday but you still want to vote for that 88 year old heroin dealer, no be juju be that?

Let’s vote wisely during the 2023 elections.

Vote Peter Obi. Vote Labour Party

That's really good, what is the other Orji doing since he left power

Who are the bankers involved and how were the lands seured？
Since nigerians are so easily hoodwinked yby politicians,one person just wakes up and says he has signed a contract with billions involved and humongous size of land involved without any further detail
Next,praise singers would be hired to eulogize kalu for this vague,probably land grabbing scheme in the guise of a Chinese led industrial park.
I am glad some posters above are seeing this for what it is,a grandscam in collaboration with some vague chinese businessmen to steal community land to be used for other self enriching purposes
At best one or two dead industrial machines would be moved to those sites and thats the nearest to the so called industrial park we would see