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Overview

China and Nigeria sign memorandum of understanding regarding skills, technology transfer

Commitment Year•2013Country of Activity•NigeriaDirect Recipient Country of Incorporation•NigeriaSector•Trade Policies And RegulationsFlow Type•Free-standing technical assistance

Status

Project lifecycle

Pipeline: Pledge

Pipeline: PledgePipeline: CommitmentImplementationCompletion

Timeline

Key dates

Commitment date
May 1, 2013

Stakeholders

Organizations involved in projects and activities supported by financial and in-kind transfers from Chinese government and state-owned entities

Funding agencies

Government Agencies

  • Unspecified Chinese Government Institution

Receiving agencies

Government Agencies

  • Government of Nigeria

Loan desecription

China and Nigeria sign memorandum of understanding regarding skills, technology transfer

Narrative

Full Description

Project narrative

The Federal Ministry of Trade and Investment or Nigeria and the Sanshui District Bureau of Economy, Science and Technology Development Promotion in China signed a Memorandum of Understanding in May 2013 to facilitate the transfer of skills and technologies, including a trade cooperation agreement between many of the factories in the industrial park within the Sanshui Economic Development Zones and Nigeria. The Minister of State for Trade and Investment, Dr. Samuel Ortom, signed the MoU when he led a trade delegation to the Shanghai province in China and was accompanied by Nigerian ambassador to China, H.E. Aminu Wali. The Chinese delegation was led by Mr. William Wang, a former director in the Chinese Ministry of Commerce. Dr. Ortom, who was accompanied by Nigerian ambassador to China, H.E. Aminu Wali, said that the country is willing to accept as many investors coming to invest in Nigeria as possible.