An aura of collaboration and promise enveloped the third Belt and Road Initiative (BRI) Forum in Beijing, China, on Thursday, as the National Agency for Science and Engineering Infrastructure (NASENI) inked three transformative Memorandums of Understanding (MoUs) with leading Chinese firms, marking a decisive leap into a future of pioneering technological advancements in Nigeria.
According to a press statement release by the Director of Information, National Agency for Science and Engineering Infrastructure, NASENI, Mr. Segun Ayeoyenikan stated that the new Chinese partners solidified transformative collaboration through the signing of three crucial Memorandums of Understandings (MoUs), collectively valued at an impressive $2 billion.
Notable among the partners were Shanghai Launch Automotive Technical Co Ltd, with an MOU aimed at establishing a cutting-edge facility for the production of new energy electric vehicles. Additionally, China Great Wall Industry Corporation and Newway Power Technology Company Ltd also inked MoUs geared towards fostering advancements in Unmanned Aerial Vehicles (UAV) assembly line projects and the transfer of technology on lithium batteries and electric vehicles.
Simultaneously, a remarkable display of intent by 10 other esteemed Chinese firms, with Letters of Intent presented to the Vice President, showcased a collective commitment to investing in various technology and industrial innovation projects within Nigeria.
These initiatives, cumulatively valued at a staggering $4 billion, encompassed crucial sectors like energy, vehicle production, vocational training, smart grids, and the establishment of a new industrial park.
In his address at the event, the Executive Vice Chairman and Chief Executive Officer (EVC/CEO) of NASENI, Mr. Khalil Halilu, who signed the agreements on behalf of NASENI, highlighted the significance of the agreements, emphasizing their potential to catalyze job creation, skill development, technology transfer, and economic growth.
Emphasizing the transformative power of collaboration, creation, and commercialization, he underscored the Agency’s dedication to transforming innovative concepts into tangible products that will drive Nigeria’s industrial development and economic prosperity.
Halilu extended gratitude to President Bola Ahmed Tinubu (GCFR), Chairman of the Governing Board of NASENI, and Vice President Kashim Shettima (GCON), for their unwavering support and encouragement.
According to him, “With renewed commitments and promising partnerships, the horizon for technological advancements and industrial development in Nigeria appears to be bright, signaling a transformative journey ahead for NASENI and the nation at large.