Nigeria & Jiangsu Collaborate On Gold Mining And A Chocolate Factory



The Osun State Government has signed an agreement worth N216bn with a Chinese firm, Jiangsu Wuxi Taihu Cocoa Food Company Limited, for the establishment of an industrial park in the state.

Aregbesola stated that the partnership with the Chinese firm would support the state in six different investments which include cocoa bean processing; chocolate and food processing; salt processing; cassava starch processing, gold mining and power plants.

The total investment by Jiangsu Wuxiý Taihu Cocoa Food Company Limited in the industrial park is put at $600m and the project is expected to begin in January 2018.


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