Jigawa State has attracted significant foreign investment interest as a Chinese company, Hefei Shengwen Information Technology Company Limited, expressed plans to invest about $2 billion in industrial projects across the state.The development followed a visit by the company’s delegation to Jigawa, where they assessed investment opportunities and economic assets.

The proposed investment is expected to focus mainly on the revitalisation of the Maigatari Border Free Trade Zone and the establishment of multiple industrial ventures in different strategic locations within the state.

According to the company’s President and CEO, Mr Ren Mingyong, the delegation carried out detailed assessments of Jigawa’s business environment and described it as promising and investment-friendly.He noted that discussions had already begun on forming a joint venture partnership with the state government.

The company also expressed interest in establishing up to seven different industries within the free trade zone and other areas, aiming to contribute to long-term industrial growth.

Governor Umar Namadi welcomed the investment interest, describing it as a strong endorsement of Jigawa’s economic reform agenda and its efforts to attract foreign direct investment.

He explained that the state’s recent investment mission to China helped build confidence between both parties, following visits to several provinces and industrial facilities.

During the Chinese delegation’s stay in Jigawa, they also toured key economic sites such as the Maigatari International Livestock Market and Gagarawa Industrial Park.The state government assured the investors of transparency, support, and a conducive environment for business operations.

Both parties are expected to sign a Memorandum of Understanding that will guide the proposed partnership and formalise the roadmap for implementation of the investment projects.