Joerno in collaboration with the Nigeria Sugar Development Council and in Joint Venture partnership with GuangDong Peifeng Agricultural Technologies Development Co., Ltd. and Dianliang Xiangye (Guangdong) Industrial Development Co., Ltd of China, will set up the biggest sugar production facility in sub–Saharan Africa to be known as CHINA–NIGERIA SUGAR & FOOD INDUSTRIAL ZONE.
In line with the Belt and Road Initiative (BRI), this Joint partnership intends to build these Sugar Industrial Zones in the 6 (six) locations in Nigeria. It is expected that production from these zones will reduce sugar importation by a large proportion, while we serve the local Nigeria market.
Each Industrial zone will have a sugar plan with a 15,000 TPD capacity. It will have a Paper Making and packaging factory, an edible and industrial alcohol factory, an organic fertiliser factory, a Light calcium carbonate factory, a beverage factory, and Peifeng Normal Temperature Storage safety and health food factory.
Project cost: $100m (One Hundred Million USD)
Land space: 1000 acres
Output: 5,000 technical personnel and workers to be trained annually
On the 24th of November, Joerno Conceptions Ltd. received consent for 45,000 hectares of land from Bode Ilesha District on Baruten Local Government Area in Kwara state.
The Chairman signing the Sugar Project Partnership in China (2023)
Chairman with the Secretary of the Communist Party
The Chairman signing the Sugar Project Partnership in China (2023)
Chairman with JV Partners Executives and top government officials.
NSDC Boss
The Executive Secretary, National Sugar Development Council (NSDC), Mr. Kamar Bakrin, has reiterated the readiness of the Council to help individuals and organisations willing to invest in the sugar sector to succeed in the overall interest of the industry.
The NSDC boss said this on Friday while receiving a delegation of potential investors from Joerno Conceptions Ltd.
The Sugar Council CEO urged all prospective investors to do their home work very well in terms of feasibility of their dreams and their capacity to invest in the sugar sector.
He noted that any serious investor that comes forward with a robust plan to add value to the sugar industry will be given all the necessary institutional support, including access to funding opportunities and incentives for serious investors.
“We are extremely committed to developing the sugar sector. I want to call on all interested investors to tidy up their ends very well before coming up with their intention.
Earlier in his presentation, the leader of the visiting delegation, Mr Young Eric, said his organisation has a deal with a Chinese counterpart and have the intention to build Nigeria-China Sugar and Food Zones across the country.
The session was also attended by the Director, Executive Secretary’s Office, Alhaji Ahmed M. Waziri, Acting Director, Technical Services, Mr Balarabe Ladan, Head, NSDC Laboratories, Mr Yusuf Lamidi and other staff members in the Technical Services Department.
We are your partner for transformative change.
© All Rights Reserved.