• About
  • Advertise
  • Contact
Friday, October 3, 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 Refinery Reviving Moribund Companies In Nigeria – Manufacturers

SON Commends Dangote Cement For Achieving Excellence In Nigeria’s Manufacturing Sector

Dangote Cement, Obajana, Secures IMS Certification, Raises Standard In Manufacturing

President Tinubu Commiserates With Families Of Victims Of Afriland Towers Fire Incident

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 Spends N720bln To Acquire 4,000 CNG Trucks, Begins Free Distribution Of Fuel August 15
Business

Dangote Refinery Reviving Moribund Companies In Nigeria – Manufacturers

September 24, 2025
Dangote Cement Set To Commission 3Mta Grinding Plant In Côte d’Ivoire
Business

SON Commends Dangote Cement For Achieving Excellence In Nigeria’s Manufacturing Sector

September 23, 2025
Dangote Cement, Obajana, Secures IMS Certification, Raises Standard In Manufacturing
Business

Dangote Cement, Obajana, Secures IMS Certification, Raises Standard In Manufacturing

September 22, 2025
C-ISOWN Praises President Tinubu On Credible Delivery Of Social Welfare Programmes, Achievements In Nigeria
Business

President Tinubu Commiserates With Families Of Victims Of Afriland Towers Fire Incident

September 18, 2025
Dangote Industries Ltd. Expresses Readiness To Sponsor 2025 Abuja Trade Fair
Business

Dangote Industries Ltd. Expresses Readiness To Sponsor 2025 Abuja Trade Fair

September 15, 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

Minister Onyejeocha Advocates Dialogue, Skills Development For National Growth

Minister Onyejeocha Advocates Dialogue, Skills Development For National Growth

10 months ago

Tax Reform Bills Not To Impoverish The North – Presidency

10 months ago
Legendary Yoruba Movie Actor, Charles Olumo ‘Agbako’ Dies At 101

Legendary Yoruba Movie Actor, Charles Olumo ‘Agbako’ Dies At 101

11 months ago
Netanyahu Offers $5mln Reward For Each Hostage Freed in Gaza

Netanyahu Offers $5mln Reward For Each Hostage Freed in Gaza

11 months 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
  • Maritime/ Marine Transport
  • National
  • News
  • Oil & Gas
  • Opinion
  • Opinion
  • Politics
  • Power
  • Religion
  • Security
  • Sports
  • Tourism
  • 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

Engineer Urges Nigeria To Invest In Aerospace Technology To Tackle Insecurity, Modernise Aviation

Bandits Kidnap Police Officer In Kwara

Death Toll In Ibaji Boat Mishap Rises To 36

Arrest of 147 Terrorists In One Week, Confirms Tinubu Is Boosting Troops’ Morale – Group ‎

Fubara Sacks Commissioners, SSG, SAs, SSAs

2027 : Group Holds Awareness Walk In Kogi, Reaffirms Commitment To Vision, Leadership Of President Tinubu

Trending

Kogi Vows Strict Enforcement Of Ban On Illegal Trailer Parks From  October 29
News

Kogi Vows Strict Enforcement Of Ban On Illegal Trailer Parks From October 29

by Vital News
October 2, 2025
0

The Kogi State Government says it will commence strict enforcement of ban on Zariagi, Osara and other...

Realnews Announces Theme, Date For It’s 13th Anniversary Lecture

October 2, 2025
Yakubu Gowon University Honours Deputy Commissioner Of Police, Hakeem Adedeji,  For Hard Work, Dedication

Yakubu Gowon University Honours Deputy Commissioner Of Police, Hakeem Adedeji, For Hard Work, Dedication

October 2, 2025
FG Cancels Independence Anniversary Parade

Engineer Urges Nigeria To Invest In Aerospace Technology To Tackle Insecurity, Modernise Aviation

October 2, 2025
Police Begin Manhunt For Killers Of Three Officers, Two Vigilante In Kogi

Bandits Kidnap Police Officer In Kwara

October 2, 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

  • Kogi Vows Strict Enforcement Of Ban On Illegal Trailer Parks From October 29 October 2, 2025
  • Realnews Announces Theme, Date For It’s 13th Anniversary Lecture October 2, 2025
  • Yakubu Gowon University Honours Deputy Commissioner Of Police, Hakeem Adedeji, For Hard Work, Dedication October 2, 2025

Categories

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