China and Nigeria sign memorandum of understanding regarding skills, technology transfer

The Federal Ministry of Trade and Investment or Nigeria and the Sanshui District Bureau of Economy, Science and Technology Development Promotion in China signed a Memorandum of Understanding in May 2013 to facilitate the transfer of skills and technologies, including a trade cooperation agreement between many of the factories in the industrial park within the Sanshui Economic Development Zones and Nigeria.

Loan applications and disbursements are still being received and processed as the projects continue to evolve. Ongoing monitoring and evaluation are in place to ensure project continuity.