A Chinese company, Skyrun Corporation has signed an MoU with the Imo State Government to manufacture pre-paid meters, cables and various categories of electronic appliances in the state.
The company has taken over the premises of Rasin Paints Company at Aboh Mbaise for the production of electronics and electrical materials.
Owelle Rochas Okorocha, Governor of Imo State disclosed this when a delegation of Chinese investors visited him at the Government House, Owerri recently.
The Governor who stated that he recently visited China on Skyrun’s invitation expressed happiness that the visit has started yielding results as the company has already started with the production of pre-paid meters, cables, TV etc at the Rasin Paints premises at Aboh Mbaise.
Governor Okorocha thanked the Chinese delegation for choosing Imo state for investment and promised that the state will give them all the necessary assistance needed.
“We shall support you, encourage you and provide all you need to make your investment programme easy. While you try to make profits from your investments, we implore you to create jobs for our teeming youths who will be ready and willing to protect your investment”, he says.
The governor also promised that the government will help any company willing to invest with fast-tracking the process of registration, immigration, customs, offices, accommodation, transportation etc. He enjoined the Chinese companies to take advantage of the incentives and invest in the state.
He equally reminded the investors that Imo state has the highest deposit of gas in the country and this he said has made the Imo industrial park an ideal place to invest in. He then called on them to partner with the state for establishment of fertilizer plant and petro-chemical industries.
Earlier, the leader of the group and the general manager of Skyrun, Mr. Guxin, explains that Skyrun is a state-owned Chinese company that has interest in investing in Imo in the areas of oil, gas, electronics and electrical equipment.
He pointed out that the company has already started the production of pre-paid meters, cables, electronics etc in the state and will soon commence work on the Imo/Skyrun refinery which an MoU has already been signed with the Imo state government.
Mr. Guxin thanked governor Okorocha for his genuine intention to develop the state which necessitated his coming to China to woo investors. He promised that Skyrun and its associates will soon take over the business landscape of the state and create jobs for the teeming youths of the state.