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Chinese Group Invest N10bn For Cocoa Production In Osun State

Over the weekend, Mr Qisan Zhao, revealed that his company was ready to invest N10billion into the economy of Osun State through cocoa processing and production.

Zhao who is the chairman of Shanghai Golden Monkey Group, released this information in Osogbo.

The Governor Rauf Aregbesola of the state was said to have inaugurated a five-man board for SKYRUN Cocoa Processing Industry, Ede.

The members include; Dr Adewale Adeeyo (Chairman), Mr Jianhu Liu, Mr Xie Shao, Mrs Feng Xu (from Shanghai Golden Monkey Group and High Hope skyrun International of Nanjing in China) and Elder George Adedeji.

The chairman Zhao announced that company would  provide 1,000 jobs for the unemployed youths  in the next two years.

He further explained that the investment was to ensure that Osun state and Nigeria become the best chocolate producers.

He indicated that his company was ready to purchase in large quantity cocoa beans in order to expand its production line.

“We are going to invest to ensure that Osun and Nigeria become the best producers of chocolate with great positive effects on the economy of Osun.

We want to invest in Osun not only to boost her commercial trade and investment but to provide massive employment opportunity for her citizens.

For these reasons, we have resolved to invest N10 billion into the Skyrun Cocoa Product Industry Ede so as to boost the state’s capacity on commerce, industry and business.”

 Governor Aregbesola added that this new development will serve as a better life in commerce and trade for their state.

“With N10 billion coming to the state through the production of cocoa and other related products.

Osun people are rest assured of better life in commerce, trade and industry as our state would soon be the hub of Chinese investment in Nigeria.”

 

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