Cross River woos Taiwanese investors

Eme Offiong, Calabar

Governor Ayade and the team of Taiwan investors at his office in Calabar, Cross River State capital.

The Cross River State Government has urged 12 Taiwanese firms to take advantage of the Nigerian market, its new tax regime and available land to invest in the Ayade Industrial Park.

Governor Ben Ayade made the call at a business conference organised by the Cross River State Government in partnership with Taiwan-Africa Business Association for businessmen, members of the Calabar Chamber of Commerce, Industries, Mines and Agriculture as well as other stakeholders in Calabar.

Viable Platform

Governor Ayade, who lauded the Taiwan Economic and Business Cooperation Mission to Cross River State, said that “the Nigerian population of over 200 million people was a viable platform for the investors.”

He further said; “you are a major exporter and we have the market. You need our market; we need your technology. So, we need to have an embrace, I like to add value to what I do and that was why I made a very strong commitment that I am ready to place an order for all your products to show that I am really committed.

“We would want to reflect in the course of time and say ‘yes’ based on our relationship with Taiwan, these our factories are up and running in our industrial park. The relationship must be mutually beneficial,” Governor Ayade said.

He urged Nigeria to invest more in agriculturae productions for export, to improve the GDP, noting that Taiwan’s GDP was much higher despite their low population.

The Governor promised to visit Taiwan in the 2nd quarter of next year alongside members of the Calabar Chamber of Commerce, Industries, Mines and Agriculture including 30 local business owners for a tour of industries in that country.

Mutual Partners

The Chairman of the Taiwan-African Business Association, Jeff Sun said that the team were open to a partnership that would be of mutual benefit to the group and their African collaborators.

Sun stated that the association, which has over one hundred members, was ready to partner with Cross River.

“We are at the centre in the far east for processing foods, the largest manufacturers of iPhones, cell phones and computers and are open to working with the state,” he added.

 Eta Ndoma-Egba, the Chairman of the Calabar Chamber of Commerce, Industries, Mines and Agriculture, described the summit as apt since Cross River was opening new vistas of opportunities in view of dwindling revenue.

Ndoma-Egba urged the Taiwanese business mission to consider Cross River as the principal trading hub in West Africa due to its natural endowments and vast resources.

The Taiwanese business team donated five dialysis machines to Cross River State Government.


Mercy Chukwudiebere