Chinese construction giant, Mutual Commitment Group (MCG) Limited says it has contributed significantly to the economic and infrastructural development of Nigeria since commencing operations in the West African nation a decade ago.
Usman Nasir Imam, MCG Director of Operations made this known in an exclusive interview with newsmen in Abuja on Monday said that the firm has undertaken the construction of infrastructural projects across the country such as roads, bridges, houses, and hospitals with the provision of counterpart funding and full project-based corporate social responsibility (CSR).
“For example, we actively participated in the construction of the Omotosho power plant under the NIPP, the hospital project in Minna and extension of the Minna general hospital, Danja dam project in Katsina state for irrigation and agriculture and the Nepza power plant in Kano and Calabar among others.
“Most of our projects are based on contractor financing. We are among the few companies in the world that do contractor financing. Here we part-finance projects by providing a percentage of the funds needed for the project while the client provides the rest with a commitment to pay back after some time. We have used this model to assist Nigeria and other countries with limited resources for infrastructural projects. For instance, we applied this principle to the N16bn Danja dam project in Katsina. The state government provided 30% of the funding while MSC provided 70%. The project on the verge of completion is expected to provide potable water and irrigation facilities to the people of Katsina South.
“Each of our projects has its own CSR and we try to ensure the inclusion of CSR in line with Nigerian laws. Most of our CSRs are project-based meaning they are situated within the location of our projects. Some of them include hospitals, portable water, building and renovation of classrooms, hospitals, drugs and so on.”
Mr Usman stated that the company has equally employed hundreds of Nigerians across the nation who are trained with relevant skills thus contributing to the human capital development of the Nigerian workforce. He added that the Chinese expatriates in the company have consistently transferred their skills and technical know-how to their Nigerian counterparts for maximum productivity.
Incorporated in Nigeria in 2011, MCG is a construction company headquartered in Beijing China. They provide civil engineering construction in Turnkey projects ranging from power, road, hospitals, buildings and other infrastructural projects.