The Nigerian Aviation Handling Company Plc (nahcoaviance) has signed a memorandum of understanding (MoU) with China’s Suzhou Chamber of International Commerce to deepen economic collaboration and enhance bilateral trade and investment between Nigeria and China.
The spokesman for the aviation ground handling firm, Mr Tayo Ajakaye, disclosed this in a statement.
He said the partnership was signed recently between the chairman of Nahco board, Dr Seinde Fadeni and the president of the Chamber, Mr. Lin Xie.
The MoU, according to the statement, is a direct response to the joint statement signed by President Bola Tinubu and the Chinese President Xi Jinping during the recent China-Africa Forum for Cooperation (CAFCO).
The two leaders agreed to elevate the China-Nigeria relations to a comprehensive strategic partnership, working toward the creation of a High-level China-Nigeria Community with a shared future.
“The partnership aims to establish the China-Nigeria (Suzhou) logistics park, which will facilitate seamless trade, improve logistics infrastructure, and increase investment opportunities.
“This landmark agreement between Nahco and Suzhou Chamber of International aimed at enhancing seamless trade, improving logistics infrastructure, and increasing investment opportunities.
“The MoU between the parties underscores the growing importance of big organizations in Nigeria, like NAHCO, in fostering trade partnerships with China, with the objective of driving high-level cooperation and enhancing strategic ties between the two countries,” the statement said.
In his remarks, the chairman of Nahco board, Dr Seinde Fadeni, expressed his enthusiasm about the partnership.
“This agreement represents a pivotal moment for NAHCO and indeed for Nigeria. By joining forces with the Suzhou Chamber of International Commerce, we are opening new avenues for knowledge exchange, technology transfer, and economic growth.
For his part, the president of the Chamber, Mr. Lin Xie, expressed delighted to sign the deal with Nahco.
“This partnership aligns with China’s commitment to fostering mutually beneficial relationships with African nations,” he added.
The China-Nigeria (Suzhou) logistics park will serve as a key enabler for facilitating seamless trade, improving logistics infrastructure, and increasing investment opportunities.
As a hub for China’s agricultural modernisation, consumer goods, electronic appliances, cloud computing, and transportation, Suzhou is ideally positioned to anchor this initiative, promoting robust economic exchanges between China and Nigeria.
It is believed that the partnership could serve as a model for future collaborations between Chinese and African entities, potentially reshaping the landscape of international trade and economic cooperation.
