|
| | INVESTMENT
PROMOTION
|
The Council embarked on the completion and divestment from some of its
catalytic and joint venture projects. These projects had the primary
objective of stimulating investment in resource-based industries, which
has resulted in the establishment of similar projects in some parts of
the country
Some of the projects are:-
-
KANKARA KAOLIN PROCESSING PLANT, KATSINA
The industrial grade kaolin plant has commenced production, while a
centrifuge has been procured and incorporated into the second line
for the production of the pharmaceutical grade kaolin in 2005
-
PHOSPHATE PROCESSING PLANTS, SOKOTO AND OGUN STATE
The 60 tonnes per day plant at Sokoto, fabricated by an
indigenous engineering firm, Garner International Company Limited,
to produce milled phosphate fertilizer Company Limited, Kaduna is
one of its customers
On the other phosphate plant at Ifo in Ogun state, fabricated by
another indigenous company, Langrad Engineering Company Limited, a
test run was carried out. The council plans to divest from the two
projects subsequently.
-
CATALYTIC MODEL COCOA PROCESSING PLANT
The Joint venture partner (Ondo state Government) and the
Council resolved to divest from the project to allow private sector
participation. The divestment process has commenced
|
|