Monday, January 16, 2017

Dangote Group to establish multi-million dollar vehicle assembly plant project in Lagos

   Dangote Group is establishing a multi-million dollar vehicle assembly plant project in Lagos. The firm is partnering a leading Chinese Company; National Heavy Duty Truck Group Company Limited, to produce trucks from its new assembly plant at Ikeja, Lagos.

   The deal, which is worth $100 million, is expected to have an assembly plant to produce 10,000 trucks per year and will see 3,000 jobs generated in the process.
   Anthony Chiejina, the Group’s Chief Corporate Communication Officer, said the project, when fully operational would spare the nation the huge amount of forex spent on importation.

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