• About
  • Advertise
  • Contact
Wednesday, July 30, 2025
  • Login
Vital News
  • Frontpage
  • Business
  • Economy
  • Politics
  • National
  • Opinion
  • Sports
  • More
    • Crime
    • Judiciary
    • Security
No Result
View All Result
  • Frontpage
  • Business
  • Economy
  • Politics
  • National
  • Opinion
  • Sports
  • More
    • Crime
    • Judiciary
    • Security
No Result
View All Result
Vital News
No Result
View All Result
Home Business

Chinese Envoy Visits GAC Motor Assembly Plant In Lagos

...Pledges more support for innovations

Vital News by Vital News
November 3, 2022
in Business
0
Share on FacebookShare on Twitter

Lagos – Chinese Ambassador to Nigeria, Cui Jian Chun, says China is willing to provide support for innovations such as the newly built GAC auto assembly plant in Ogba, Lagos.

A statement by GAC Auto Assembly Plant in Lagos on Wednesday quoted the ambassador as saying this during a tour of the facility.

Jiachun described the new auto plant as a fulfilment of “China-Africa bilateral industrial capacity cooperation pact with Nigeria.”

The ambassador toured the facility in company with Mr Mohammad Tunde Mukaila, who represented the Nigerian Minister of Foreign Affairs, and other top government and Chinese embassy officials.

He said he was impressed with the facility, which is a Joint Venture Agreement (JVA) between the Lagos State Government and CIG Motors Co Limited.

RelatedStories

Dangote Says Tinubu’s Economic Policies Working, Reviving Private Sector

Aliko Dangote Retires From Dangote Cement Plc

Gov. Ododo Inspects Ultra- modern Market, Three Other Ongoing Projects In Lokoja

Africans In Position To Develop Africa, Dangote Tells Global CEOs

Ambassador Cui Jian Chun

It will be recalled before this partnership, the Nigerian automobile industry had been beset with growth stagnation, constantly plagued by inconsistent government policies regarding investments in this sector; both in terms of fiscal and importation policies, resulting in influx of used, rickety vehicles, accounting for about two thirds of vehicles on the road.

According to the Chairman of CIG Motors, Chief Diana Chen, CIG Motors has carefully studied the automobile market and met with key stake holders to partner, with the purpose of reviving the sector, through the establishment of a world class automobile assembly plant in Nigeria.

He said that the plant will annually produce a minimum of 5,000 vehicles to meet market demands, and redefine the sector.

It would be recalled that this partnership was strategically sealed in Guangzhou, between the Chairman of Choice International Group, Chief Diana Chen, Governor of Lagos State, Mr Babajide Sanwo Olu, and Mr Zeng Qinghong , the Chairman of GAC Motors Group, in December 2019.

In July 2021, the project was locally approved for execution and construction commenced in October 2021.

The project industrial area covers a total of 35,000 square meters, and the automobile production line covers an area of 4,800 square meters.

The installation of the plants and machinery for the production line took only seven months to complete, and was supervised by world class engineers, with local employee benefiting from hands on vocational training of the processes involved.

“This reaffirms the credibility and commitment of CIG Motors towards the sustainable economic development of the nation.

“Aside meeting present needs of modern automobile solutions for the citizenry, GAC Motors has futuristic plans of placing Nigeria amongst key players in the global campaign of eco-friendly production, by veering into production of electric vehicles with dual usage of CNG.

“This will further contribute to the Nations strategy to run a non-oil economy in the near future, as well as boost foreign exchange policy.

The current Assembly plant is projected to double production within five years, creating thousands of jobs in the process, while serving as a vocational training institute for mechanically inclined young Nigerians who seek to pursue a career in mechatronics,” CIG stated.

St the end of the tour, the delegation was impressed by the progress and automation of the factory and commended key players of the partnerships not to relent in their vision for industrialization of the automobile industry.

Tags: AutoGACmotorplant
Previous Post

Adamawa Terminates N7.5bln Road Contracts

Next Post

In Edo, 10 Dead Male Bodies Found Inside Bush

Vital News

Vital News

RelatedStories

Dangote Says Tinubu’s Economic Policies Working, Reviving Private Sector
Business

Dangote Says Tinubu’s Economic Policies Working, Reviving Private Sector

July 27, 2025
Aliko Dangote Retires From Dangote Cement Plc
Business

Aliko Dangote Retires From Dangote Cement Plc

July 25, 2025
Gov. Ododo Inspects Ultra- modern Market, Three Other Ongoing Projects In Lokoja
Business

Gov. Ododo Inspects Ultra- modern Market, Three Other Ongoing Projects In Lokoja

July 24, 2025
Africans In Position To Develop Africa, Dangote Tells Global CEOs
Business

Africans In Position To Develop Africa, Dangote Tells Global CEOs

July 14, 2025
Kogi Enterprises Devt. Agency Moves To Boost Growth Of MSMEs, Signs MoU With CAREC
Business

Kogi Enterprises Devt. Agency Moves To Boost Growth Of MSMEs, Signs MoU With CAREC

July 3, 2025
Next Post

In Edo, 10 Dead Male Bodies Found Inside Bush

14 Die In Gun Battle Between Bandits, Vigilante In Niger

Citizens Asked To Stand Up Against Violence, Vote Buying During Elections

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Follow Us

Recommended

Appeal Court Suspends Own Judgment, Says Nnamdi Kanu Should Remain In DSS Custody

3 years ago

First ship berth at Lekki Seaport, Buhari congratulates MOT, NPA, stakeholders

3 years ago
Ohinoyi Of Ebiraland, Alhaji Ado Ibrahim Dies At 95

APC Guber Candidate, Ododo Expresses Shock Over Death Of Ohinoyi Ado Ibrahim

2 years ago
Guber Poll – APC Candidate, Ododo Meets Kogi Indigenes In Kano, Promises Even Development

Adamu, Omisore’s Resignations, Not Sign Of Internal Crisis – APC

2 years ago

Instagram

    Please install/update and activate JNews Instagram plugin.

Categories

  • Agriculture/ Water/ Mineral
  • Aviation
  • Business
  • Crime
  • Culture
  • Economy
  • Education
  • Entertainment
  • Environment
  • Football
  • Foreign
  • Gender
  • Health
  • Judiciary
  • Labour
  • National
  • News
  • Oil & Gas
  • Opinion
  • Opinion
  • Politics
  • Power
  • Religion
  • Security
  • Sports
  • Transport
  • Uncategorized

Topics

Abiodun Abuja APC arrest Atiku Bandits Bello Benue Buhari CBN cement Court Dangote death dies drugs Economy EFCC Election elections FG gunmen Hajj INEC Kano kidnap Kill Kogi Kwara Lagos NDLEA Niger Nigeria Ododo Ogun Oyo PDP Police Power refinery rescue road Security students Tinubu
No Result
View All Result

Highlights

Governor Ododo Presents Official Vehicles To 21 Kogi LG Chairmen

WAFCON : Six Super Eagles Stars Donate ₦24 Million To Super Falcons

WAFCON : Morocco Protest “Refereeing Injustices” To CAF Over 3-2 Final Loss To Nigeria

21 Countries In Attendance As Dangote Cement’s Sponsored Africa International Housing Show Kicks Off In Abuja

NGF Expresses, Sympathy, Solidarity With Adamawa Over Devastating Yola Floods

WAFCON : President Tinubu Rewards Super Falcons With $100,000, Apartments, OON

Trending

Your Exit Will Not In Anyway Affects Fortune Of PDP – Makinde To Atiku
National

US Embassy Circulates Report On How Gov. Makinde, Gombe Gov Lavish Billions On Buildings Amid Ravaging Poverty

by Vital News
July 30, 2025
0

The United States embassy in Nigeria has shared a report showing the extravagance of Nigerian governors in...

Report Of Missing 3,907 Firearms Misleading – Police

Insecurity : Police Arrest Over 20 Bandits In Kwara

July 29, 2025
Bandit Attacks : Mrs Tinubu Pays Condolence Visit To Benue, Donates N1bln To Victims

Bandit Attacks : Mrs Tinubu Pays Condolence Visit To Benue, Donates N1bln To Victims

July 29, 2025
Governor Ododo Presents Official Vehicles To 21 Kogi LG Chairmen

Governor Ododo Presents Official Vehicles To 21 Kogi LG Chairmen

July 29, 2025
Governor Ododo Congratulates Super Falcons on Historic 10th WAFCON Triumph

WAFCON : Six Super Eagles Stars Donate ₦24 Million To Super Falcons

July 29, 2025
ADVERTISEMENT
Vital News

Vital News is an online newspaper with a mission to uphold professional journalism by reporting and publishing only facts and figures-based news reports across Nigeria and beyond.

Recent News

  • US Embassy Circulates Report On How Gov. Makinde, Gombe Gov Lavish Billions On Buildings Amid Ravaging Poverty July 30, 2025
  • Insecurity : Police Arrest Over 20 Bandits In Kwara July 29, 2025
  • Bandit Attacks : Mrs Tinubu Pays Condolence Visit To Benue, Donates N1bln To Victims July 29, 2025

Categories

  • Agriculture/ Water/ Mineral
  • Aviation
  • Business
  • Crime
  • Culture
  • Economy
  • Education
  • Entertainment
  • Environment
  • Football
  • Foreign
  • Gender
  • Health
  • Judiciary
  • Labour
  • National
  • News
  • Oil & Gas
  • Opinion
  • Opinion
  • Politics
  • Power
  • Religion
  • Security
  • Sports
  • Transport
  • Uncategorized

© 2022 Vital News - . All Rights Reserved.

No Result
View All Result
  • Frontpage
  • Business
  • Economy
  • Politics
  • National
  • Opinion
  • Sports
  • More
    • Crime
    • Judiciary
    • Security

© 2022 Vital News - Vital News by Vital News.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In