Industry: Katsina courts investor on sector’s revival
Katsina State Government has said it was seeking partnership with investors to revive moribund factories in the state. The government said the move was to enhance industrialisation, job creation and reduce poverty across the state.
The state Governor, Aminu Bello Masari stated this on Sunday, during the commissioning of PVC and Vinyl tube production lines at Kankia Mmetal Works factory in the state.
Masari, who regretted that quite a number of factories across the state have gone into extinction, said his administration would welcome serious investors, who are willing to resuscitate them and make them functional.
According to him, the state and local government councils alone cannot provide jobs for the people, needed the support of corporate organisations to also assist the government.
He promised to create the enabling environment to revive these factories to address the high unemployment rate facing the state.
He, however, called on the elders in the Northern part of the country to assist in providing the required education for development.
The governor, who commended the management of the company for reviving the factory, said the state government would continue to give it the support it needed in order to boost the state’s economy.
Earlier, the Managing Director of AMPRI Global Limited, Mr Mohan Chaturvedi urged the government to assist towards ensuring adequate patronage for its products within and outside the state.
On his part, the Managing Director of Pedia Home and Apartments Limited, Mr. Peter Aleogena, who promised to patronize the products of AMPRI for it’s projects, said his company was ready to revive the moribund Kankia motel to create employment opportunities for the people.
In his remark, the state Commissioner for Commerce and Industry, Alhaji Abubakar Yusuf said the Daura Tanners project, which had been in limbo for over 30 years, would soon commence operations, as the required comprehensive business study and plan had been completed and submitted.
Yusuf added that, many other moribund factories are receiving government attention, as a piece of land has been approved to SASCO Limited for the establishment of a meat precessing factory at Misra, in Mai’adua Local Government Area to operate on complete value chain.
Similarly, he said the Kankara Kaolin factory, which had a tripartite capital structure, had been taken over by the state government, adding that, negotiation was at a high level with some reputable and viable investors for it’s total transformation, upgrading and diversification.
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