• Wednesday, June 19, 2024
businessday logo


Kano seeks Spanish investment in area of infrastructure development  


Governor Abdullahi Umar Ganduje of Kano state has invited Spanish private and institutional investors to invest in the state’s economic and social development.
The governor, stated this during a meeting with the Spanish Ambassador to Nigeria, Alfonso Barnuevo and a representative of Spanish investment companies said opportunities abound for accelerated development in the state.
The meeting was follow up to their last meeting in November, 2015 where they discussed likely investment in the areas of solar energy, agriculture, water management and health among others.
Governor Ganduje reiterated commitment to ensure that investors from Spain and other countries get the desired conducive environment for doing business in the state.
He stated that his government is providing several incentives to encourage Foreign Direct Investment emphasizing that besides being a sprawling commercial center, Kano has mostly untapped potential for alternative energy supply, agriculture mining and enterprising human capital.
On his part, Ambassador Alfonso Barnuevo told the governor that some companies from Spain have indicated interest to invest in the Solar Energy sector of the state and the administration’s proposed light rail project, where the company is looking at the possibility of investing in couches, after the provision of infrastructure for the light rail.
He stated that representatives from a Spanish Company will come to Kano in August for further discussions on the solar power project among other areas of interests.
The Ambassador expressed appreciation to Governor Ganduje for the warm reception accorded to him and his delegation during their recent visit to Kano to witness the famous Eid El Fitr Durbar celebrations, hoping the cordial relation between his country and Nigeria would continue to flourish.