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Nigeria Delegation Visit Henan Gelgoog Machinery

Author:admin

  
Date : 2015-11-18

Henan Commercial Office  ogranized a group contains 25 companys managers  to meet with them and seek for futher cooprate.Gelgoog are invited to be one of the group.The governor of Cross river shaked hands warmly with our manager Li Junhua.They talked much about the coopreation in the  future and feel glad to know each other.
Maybe most people's impression about Nigeria is about to oil, population and corruption.But now it has a total different look and are attracting more and more investors.While issues with infrastructure, particularly power, still hurt Nigeria’s appeal as a place to conduct business, McKinsey points out that Nigeria has taken some major steps to grow its economy through diversification – a move that the new Government is expected to continue. For example, major growth has occurred in telecoms (contributing now around 8.6% to GDP) and entertainment, most notably the film industry where Nollywood as it is known is thriving. Diversification has brought real opportunity to SMEs and entrepreneurs, sparking creativity and action across the different sectors.
And Nigeria is no longer a petro-economy. The rebalancing of major economic sectors has knocked the shares of natural resources and agriculture from 32.4% and 34.6% in 2010 to 14.4% and 21.6% respectively in 2014. In its place have come consumer goods – with McKinsey predicting an annual increase of 8% every year to become the largest sector of the economy, worth almost $1.4 trillion by 2030. Nestlé, Unilever, Procter & Gamble and SAB Miller all have set production expansion targets for Nigeria.

Hope to see the bright business future between China and Nigeria.