The Nigeria Aviation Handling Company Plc (nahco aviance) has announced a partnership with the Suzhou Chamber of International Commerce to establish the China-Nigeria (Suzhou) Logistics Park aimed at uplifting trade and investment relations between Nigeria and China.
The two organisations in a Memorandum of Understanding (MoU) signed recently said the partnership stated that the partship will advance economic collaboration as well as enhance bilateral trade and investment between Nigeria and China.
This strategic initiative to establish the China-Nigeria (Suzhou) Logistics Park, will facilitate seamless trade, improve logistics infrastructure, and increase investment opportunities, said nahco aviance in a statement signed by its image maker, Tayo Ajakaiye.
The collaboration is a direct response to the landmark joint statement signed by Nigerian President, Ahmed Tinubu, and Chinese President Xi Jinping, during the recent China-Africa Forum for Cooperation (CAFCO).
The two leaders agreed to elevate the China-Nigeria relationship to a Comprehensive Strategic Partnership, working toward the creation of a High-level China-Nigeria Community with a shared future.
The China-Nigeria (Suzhou) Logistics Park will serve as a key enabler for facilitating seamless trade, improving logistics infrastructure, and increasing investment opportunities.
As a hub for China’s agricultural modernisation, consumer goods, electronic appliances, cloud computing, and transportation, Suzhou is ideally positioned to anchor this initiative, promoting robust economic exchanges between China and Nigeria.
This landmark agreement between NAHCO and Suzhou Chamber of International Commerce would facilitate seamless trade, improve logistics infrastructure, and increase investment opportunities.
The MoU between the parties underscores the growing importance of big organisations in Nigeria, like NAHCO, in fostering trade partnerships with China, with the objective of driving high-level cooperation and enhancing strategic ties between the two countries.
The Chairman of NAHCO Plc, Dr. Seinde Fadeni, expressed his enthusiasm about the partnership, stating that “this agreement represents a pivotal moment for NAHCO and indeed for Nigeria.
“By joining forces with the Suzhou Chamber of International Commerce, we are opening new avenues for knowledge exchange, technology transfer, and economic growth.”
President of the Suzhou Chamber of International Commerce, Mr. Lin Xie, echoed the same sentiments, stating that “we are delighted to enter into this cooperation with NAHCO.
“This partnership aligns with China’s commitment to fostering mutually beneficial relationships with African nations.”
Industry observers anticipate that this partnership could serve as a model for future collaborations between Chinese and African entities, potentially reshaping the landscape of international trade and economic cooperation