Kogi State set to become major industrial and trade hub

Kogi State is set to become a major industrial and trade hub, thanks to a landmark partnership with the People’s Republic of China.

The state government has secured an agreement with China for the establishment of the Kogi Hunan Special Economic Zone, which will operate as a Free Trade Zone ¹.

Governor Ahmed Usman Ododo announced the development after meeting with a Chinese delegation led by Consul General Ms. Yan Yuqing.

He assured the delegation that the state government and private sector partners would provide necessary infrastructure and regulatory frameworks to ensure the project’s success.

The Kogi Hunan Free Trade Zone is being spearheaded by the government of Hunan Province, with the backing of the Chinese government.

Chinese investors in Nigeria are expected to support the project, which aligns with bilateral commitments between Nigeria and China ¹.

The project aims to drive sustainable development and industrial growth, leveraging global best practices in free trade zone development.

The Kogi State government has already visited the Chinese Consular in Lagos to secure support for the project.

The Kogi Hunan Special Economic Zone will be situated on 3,000 hectares of land in Ajaokuta, with access to key infrastructure like the Ajaokuta train station, Geregu Power Station, and ongoing gas projects.

This strategic partnership is expected to boost Nigeria’s economic integration with global markets.