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Alpha Grip Management Company (AGMC), a subsidiary of UAE-based Alpha Group, has partnered with China National Chemical Engineering International Corporation Ltd. (CNCEC) to develop, construct, and finance to completion of the USD 20 billion Ogidigben Gas Revolution Industrial Park in Delta State.
The partnership follows the 2024 Forum on China-Africa Cooperation (FOCAC) meeting, where heads of state, including President Bola Ahmed Tinubu, emphasized the importance of fostering economic ties between African nations and China. At the forum, agreements were made to prioritise projects that advance industrialization, infrastructure, and energy development across Africa. The Ogidigben Gas Industrial Park stands as a testament to these commitments, with Nigeria positioned as a key beneficiary.
The collaboration aims to advance one of Nigeria’s most ambitious industrial projects, designed to transform the nation’s gas sector through large-scale infrastructure development. Nigeria has always been a priority market for CNCEC, and CNCEC is fully committed to contributing to its economic growth and industrialization.CNCEC’s involvement in previous projects, such as the Dangote Petrochemical Refinery Complex, underscores its capacity to deliver on large-scale engineering projects.
The Nigerian government reaffirmed the administration’s commitment to strengthening bilateral ties with China. President Bola Ahmed Tinubu strongly supported the project, describing it as a key component of the administration’s agenda to promote industrialization and gas infrastructure development. This partnership reflects Nigeria’s readiness to collaborate with global players to unlock the potential of its abundant natural resources.
AGMC President Sheikh Mohamed Bayorh expressed gratitude to both CNCEC and the Nigerian government for their roles in facilitating the agreement. “This partnership is a testament to President Tinubu’s reforms, which have enhanced Nigeria’s appeal as an investment destination. The Ogidigben Gas Industrial Park will be a game-changer for Africa’s energy and industrial sectors,” Bayorh remarked.
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The Ogidigben Gas Revolution Industrial Park is set to include power plants, fertilizer and petrochemical facilities, and aluminium smelters, among other infrastructure. It is expected to generate thousands of jobs during both construction and operational phases. As part of the agreement, AGMC’s consortium of global investors, with combined assets exceeding USD 100 billion, will work closely with CNCEC to expedite the project’s implementation. Both parties expressed optimism about the collaboration, citing its potential to accelerate Nigeria’s industrialization in the gas sector.
The partnership underscores the growing importance of Nigeria-China relations and highlights the critical role of international cooperation in achieving Nigeria’s developmental goals.
