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Nigerdock hosts UNIDO, NIPC delegations to drive FDIs

Nigerdock, a leading Nigerian maritime and logistics company and promoter of Snake Island Integrated Free Zone (SIIFZ), recently hosted a delegation from the United Nations…

Nigerdock, a leading Nigerian maritime and logistics company and promoter of Snake Island Integrated Free Zone (SIIFZ), recently hosted a delegation from the United Nations Industrial Development Organization (UNIDO) as part of efforts to drive the development of sustainable foreign direct investments (FDIs) into Nigeria.

The multilateral collaboration being coordinated by UNIDO via the Investment and Technology Promotion Office Germany (ITPO Germany) and the Nigerian Investment Promotion Council (NIPC), will facilitate the domiciliation of European enterprises, it was learnt.

Nigerdock, in a statement, indicated that representatives of 23 companies were in the UNIDO delegation to the company’s office in Lagos to explore collaboration on domiciling investments that specialise in renewable energy, green technologies and agribusiness.

Nigeria was Germany’s second-largest trading partner in sub-Saharan Africa, with direct German investments in Nigeria amounting to $158 million in 2021.

Germany is seeking to invest across a variety of sectors, ranging from infrastructure and energy to agriculture business, mineral resources, information and communication technologies, transport, and logistics.

The Chief Executive Officer of Nigerdock, Maher Jarmakani, said, “This visit represents a significant step towards strengthening the partnership between private sector companies in Nigeria and Europe.

“Our long-term commitment to Nigeria’s economic empowerment aligns perfectly with the goals of this mission, and we firmly believe that this collaboration will contribute to industrialisation, foreign direct investment, job creation, and increased adoption of green practices in Nigeria.”

 

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