Katsina State is poised to receive an initial $150 million investment from a delegation of 25 Chinese investors operating under the group name COVEC, with projects spanning several critical sectors of the state’s economy.
According to a statement from Governor Dikko Umar Radda’s spokesperson, Ibrahim Mohammed, the investments will cover approximately 4,000 hectares, including 2,500 hectares at Sabke Dam dedicated to maize cultivation for livestock feed, a complete fisheries value chain on 380 hectares at Dabirang Dam, a leather processing factory, and an agricultural research institute specialising in goat and cattle breeding.
The investors also plan to enhance the Goat Breeding Centre at Ladanawa, establish a solar power products assembly plant, develop an agricultural commodities commercial centre, and collaborate with the government to establish the Katsina State Green Economic Zone.
During the delegation’s visit, Governor Radda assured them of unwavering support. “The Katsina State government is prepared to back you fully, to collaborate and partner with you to ensure a successful investment experience in our state. You will always have direct access to my office and the full support of my administration to bring these projects to fruition,” he stated.
He stressed that the investments would broaden the state’s economic base, create thousands of jobs for young people, and significantly increase revenue. The governor encouraged the investors to finalise their plans swiftly and return for comprehensive implementation.
Mr Dong Guoping, leader of the COVEC delegation, reaffirmed the investors’ commitment to channel resources into sectors offering mutual benefits.
Ibrahim Jikamshi, Director-General of the Katsina Investment Promotion Agency (KIPA), explained that thorough site inspections across Jibia, Sabke, Daura, Mashi, and Ladanawa enabled the delegation to identify clear opportunities for immediate investment.
Governor Radda described the investors as “one of the most formidable teams ever to visit Katsina,” commending their dedication to generating employment, driving economic growth, and raising living standards throughout the state.