Nissan To Open First Factory in Nigeria For Car Production
This is a great
information. Signing a Memorandum of Understanding with West African
conglomerate Stallion Group, Nissan is now waiting for Nigerian
government to give a final approval to the new Automobile Industrial
Policy, designed to encourage development of the automotive industry in
Nigeria.
The company believes the Lagos-based facility could become a future hub
for Nissan’s expansion in Africa.
As a part of the project, Nissan will expand Stallion’s facility in
Lagos, aiming at annual production capacity of 45,000 vehicles,
involving a range of cars including light duty trucks, pickups and
vans..
..
It is believed the
first car, probably a Nissan patrol SUV, will leave the Nigerian
production line in the spring of 2014.
Capacity at the plant will also be opened to Nissan's Alliance partner
Renault, to be utilised according to future business needs.
"We welcome the proactive measures being taken by the Government of
Nigeria to encourage inward investment and job creation driven by local
auto manufacturing,” said Nissan’s President and CEO Carlos Ghosn.
“Together with our local partner, Nissan is preparing to make Nigeria a
significant manufacturing hub in Africa. As the first-mover in Nigeria,
we are positioned for the long-term growth in this market and across the
broader continent," he said. We pray it brings about more job
opportunities and better development.
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