The Lagos State House of Assembly and the Guangxi People’s Congress of Peoples Republic of China have expressed readiness to explore legislative collaboration to enhance investments in the state.

This was made known on Monday when the delegation of Guangxi People’s Congress of China, led by the Vice Chairman of the Standing Committee of Guangxi Peoples Congress of China, Zhang Xiaoqin, paid a courtesy visit to the Speaker of the House of Assembly, Dr. Mudashiru Obasa, at the Assembly Complex, Alausa-Ikeja.

In his welcoming address, Obasa stated that, apart from tourism, visitors could also take advantage of the huge population to invest in other sectors of the economy.

Obasa stated that the state has a buoyant economy with over 20 million citizens, indicating that Lagos is well-positioned for further foreign investment.

The speaker explained that the state is the best destination for investment in Africa, stating that Lagos is ready for collaboration that would continue to enhance the economy.

Obasa, who acknowledged the existing collaboration between Lagos and China Civil Engineering Construction Corporation (CCECC) in the construction and operation of the Red and Blue lines, said the Lagos Assembly is ready to work with them.

He stated that the Assembly is ready to collaborate in the area of legislation and exchange of ideas for good governance.

Earlier, the Vice Chairman, Standing Committee Guangxi People’s Congress, Zhang Xiaoqin, said that the visit was aimed at facilitating Legislative collaboration and trade.

Xiaoqin said, “We are looking forward to enhancing collaboration in the area of trade, economy and tourism. We hope you will provide more care for the Chinese citizens in Lagos.”

He said that the province of Guangxi and Lagos have the Ocean as one thing in common, which can be exploited to boost tourism.