… ER-KANG flags off $20m lithium factory, announces $15m pharmaceutical project in boost to state’s industrial drive
#KwaraRising
Kwara State has attracted at least two foreign direct investments valued at about $35m, reinforcing Governor AbdulRahman AbdulRazaq’s push for industrialisation, value addition, and economic growth in the state.
The investments were disclosed when Sun Qing Rong, team lead of ER-KANG Company Limited, briefed the Governor on the progress of the firm’s operations in Kwara. Rong said the company has completed and commenced operations at its $20m lithium processing factory, in line with the state government’s policy of promoting local manufacturing rather than exporting raw materials.
According to him, the lithium plant currently employs over 300 workers, the majority of whom are indigenes of Kwara State. He explained that the facility processes lithium into finished and semi-finished materials, adding value before supply to the market.
Rong also announced plans for a pharmaceutical manufacturing company in the state, valued at more than $15m, noting that preparatory work for the project has been largely completed. He said the pharmaceutical plant would be developed in two phases, covering large infusion and small-volume injection production, to address shortages of such products in the Nigerian market.
“This is one of the fruits of the meeting we held with His Excellency in Beijing about two years ago. Today, the lithium plant has been completed and is fully operational. This year, we are also starting the pharmaceutical company with the support of the state government,” Rong said.
He added that the firm is exploring partnerships with the Kwara State Government around the proposed industrial park and commended the administration for creating what he described as an enabling and investor-friendly environment. He also noted that ER-KANG Company maintains a strong sense of social responsibility within its host communities.
Governor AbdulRahman AbdulRazaq welcomed the investments, describing them as significant milestones that would generate employment, facilitate technology transfer, and stimulate economic activities in the state.
“We are willing to support you and other investors to do more in our state,” the Governor said, reaffirming the government’s commitment to sustaining a favourable climate for both local and foreign investments.
Other members of the ER-KANG delegation included the company’s lawyer, Barrister Ibrahim Atanda; Project Architect, Arch. Sayi Yekeen; Quality Control Supervisor, Shuai Hai Tao; Factory Manager, Cao Zheng Hai; Pharmaceutical Manager, Xie Chuan Li; and Administrative Manager, Mi Guang Hua.
The Special Adviser on Special Duties to the Governor, Alhaji AbdulRazaq Jiddah, also attended the meeting.
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