A United Arab Emirate (UAE) based company is set to take over two Katsina moribund companies.
The Katsina Government Media gathered that the management of Bilal Group led by their CEO Mr. Bineet Sarag with his team visited Katsina State and expressed their interest to invest in the State.
BILAL Group is a world renowned company Worth about $5Billion investment capital.
Our Correspondent recount that the company was in Katsina on an invitation by the Special Adviser Investment and International Relations, Ibrahim Zakari. Ibrahim heads the Investment team to 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 50megawatts of Solar Power plant.
The CEO of the company Mr. Bineet Sarag said they were invited to Katsina by Ibrahim Zakari to invest in the state and for the on 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 on Investment expressed his gratitude to the Investor; Bilal Group for honouring his invitation and assured them of Katsina State Government readiness to offer them any needful assistance they require through out their stay.
He further stressed their effort as giant stride which are in line with the Restoration Agenda of the State Governor Rt.Hon.Aminu Bello Masari.
The Commissioner of Commerce, Abubakar Yusuf whom was part of the State Government Delegation expressed his gratitude to the Management of BILAL Group for recognizing the state worthy of Investment.
Recall that Katsina Media and Publicity had late last week reported one of the giant investment strides with Dangote groups 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 teeming population, food Security to curb hunger above all fight poverty.