NAHCO, Suzhou-China Chamber of Commerce Sign MOU On Logistics Park

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Suzhou Industrial Park, China

The Nigeria Aviation Handling Company Plc (nahco aviance) has signed a Memorandum of Understanding (MoU) with the Suzhou Chamber of International Commerce, to advance economic collaboration and enhance bilateral trade and investment between Nigeria and China.

A media statement by Nahco Plc explained the rationale for the bilateral relation thus, “this strategic initiative aims to establish the China-Nigeria (Suzhou) Logistics Park, which will facilitate seamless trade, improve logistics infrastructure, and increase investment opportunities.”

Speaking on the novel engagement and perhaps a pioneering trade relations on logistics park with any Nigeria company, Dr Seinde Oladapo Fadeni, Chairman of NAHCO Plc, described the pioneering bilateral relations and the quasi business ties between the two nations thus, “this agreement represents a pivotal moment for NAHCO and indeed for Nigeria”.

Fadeni further explained that “by joining forces with the Suzhou Chamber of International Commerce, we are opening new avenues for knowledge exchange, technology transfer, and economic growth”.

**Dr Seinde Oladapo Fadeni, Chairman, NAHCO Plc, (Left)** and Mr Lin Xie, President, Suzhou Chamber of International Commerce, China, at the signing of the Memorandum of Understanding, MoU

Mr. Lin Xie, President of the Suzhou Chamber of International Commerce, 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”.

The media statement inferred that the collaboration is a direct fallout from the recent visit of President Bola Ahmed Tinubu, to China during the recent China-Africa Forum for Cooperation (CAFCO).

The statement noted that the Chinese President Xi Jinping, and Nigeria’s President Bola Ahmed Tinubu, signed a far reaching bilateral trade agreement “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 statement affirmed that the landmark agreement between NAHCO and Suzhou Chamber of International seamless trade, will facilitate rapid logistics improvement, growth of logistics infrastructure, and increase investment opportunities.