Less than a minute
121 words
4 views
- Innoson Group is collaborating with three Chinese firms: Shangdong Broadcasting Group, Shangdong Cable Interactive Services regarded as leading biggest TV operators, and Inspur Group, said to be China’s foremost leader in Cloud Computing.
- Chukwuma, Innoson boss said the Chinese firms had decided to invest about $1 billion in the Nigerian economy within the next 12-24 months.
- He said the investments would include a credit facility of $300 million for local production and supply of five to eight million Set-Top Boxes for the Digital Switch-Over in broadcasting in the country to meet a target date of June 2017.
- Also, an investment of $100 million to establish technology-based Direct-To-Home Digital Bing Television Stations in Nigeria, among others.
- Read More From Guardian