Awka, Anambra State – February 18, 2025 – Governor Charles Soludo of Anambra State welcomed a delegation led by Peng Yizhong, Chairman of the Board for Shanghai Jianhang Investment Company Ltd, to explore transformative investment opportunities in the state. The meeting signals a strategic push to enhance Anambra’s economic landscape through collaborations in power, agriculture, and tourism.
The delegation’s visit underscores Anambra’s growing appeal as a vibrant investment destination, aligning with Soludo’s vision of making the state a hub where people can “live, work, study, and enjoy life to the fullest.”
“These discussions focus on key sectors -power, agriculture, and tourism—that are central to our development agenda,” Governor Soludo stated. He extended an open invitation to other visionary investors, promising a seamless and rewarding experience for those looking to collaborate with Anambra.
Shanghai Jianhang Investment Company, based in China, is exploring opportunities to deepen economic ties with African nations. The company’s interest in Anambra follows broader China-Africa engagement, including a recent African Energy Chamber forum in Shanghai promoting energy cooperation, scheduled for March 2025. This visit highlights the growing bilateral relationship between Nigeria and China, particularly in infrastructure and economic development.
The meeting comes as Anambra continues to prioritize security and infrastructure improvements, earning praise from local leaders. A recent commendation from APC chieftain Nonso Madu highlighted Soludo’s initiatives, such as the Operation Udo Ga Achi security outfit, which has helped stabilize the state and attract investors.
However, the announcement has sparked mixed reactions on social media. While some praised Soludo’s efforts to drive economic growth, others raised concerns about potential terms of Chinese investments, citing past controversies in Africa involving contractual transparency and economic imbalances.
Governor Soludo emphasized his commitment to ensuring Anambra’s success, stating, “May Anambra continue to win!” As negotiations progress, stakeholders await details on the scale of investment, job creation, and long-term benefits for the state’s residents.
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