Bilal Group, a United Arab Emirate (UAE)-based company is set to take over two moribund industries in Katsina State.
@Katgovmedia gathered that the management of the group led by their CEO, Mr. Bineet Sarag, with his team visited Katsina State and expressed their interest to invest in the State.
Bilal, a world-renowned industry giant is worth about $5Billion in investment capital.
Katsina Media & Publicity (KMP) reports that the company was in Katsina on an invitation by the Special Adviser on Investment and International Relations, Ibrahim Zakari, who led the Investment team to the Katsina State Governor, Rt Hon. Aminu Bello Masari.
The team inspected the moribund Kankara Kaolin Factory and Neem Production Factory and the proposed Black Oil Energy Refinery site in Mashi Town where they will also set up a 50megawatts-Solar Power Plant.
The CEO of the company, Mr. Bineet Sarag, said they were invited to Katsina by the S.A Ibrahim Zakari to invest in the state and for an on-the-spot physical assessment and inspection of the various factories/facilities so as to have first-hand information of the actual state of the factories.
Katsina Media and Publicity gathered that the Special Adviser for Investment expressed his gratitude to the Investor, Bilal Group, for honouring his invitation and assured them of Katsina State Government’s readiness to offer them any needful assistance they require through out their stay.
He further stressed the effort as giant which are in line with the Restoration Agenda of the State Governor, Rt.Hon.Aminu Bello Masari.
The Commissioner of Commerce, Abubakar Yusuf, who was part of the State Government Delegation expressed his gratitude to the Management of Bilal for deeming the state worthy of investment.
Recall that KMP had late last week reported one of the giant investment strides with Dangote Group of Companies as the company took over the Shoghai Farms for agricultural purposes, including the Dangote International Agricultural Research Centre.
The Masari-led-administration has stressed the importance of investment and investors hence it provides for job creation to the teeming population, food security to curb hunger, and above all fight poverty.