• About
  • Advertise
  • Contact
Friday, August 1, 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 Cement Set To Commission 3Mta Grinding Plant In Côte d’Ivoire

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

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 Cement Set To Commission 3Mta Grinding Plant In Côte d’Ivoire
Business

Dangote Cement Set To Commission 3Mta Grinding Plant In Côte d’Ivoire

July 30, 2025
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
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

5,138 Persons Killed In Farmers – Herders Conflict In Benue

2 years ago
Elections : Religious Leaders Urge Parties To Dismantle Structures Of Violence

Elections : Religious Leaders Urge Parties To Dismantle Structures Of Violence

2 years ago

We Can’t Find a Replacement for Barrister, his widows cry out 12 years after

3 years ago
Gov. Bello Presents N258bln 2024 Budget To Kogi Assembly

Gov. Bello Presents N258bln 2024 Budget To Kogi Assembly

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

Hafsoh Killer, Abdulrhaman Bello To Die By Hanging, Court Discharges, Acquits 4 Others

FG Seeks Partnership With Dangote Cement To Bridge Housing Gap

Canada Announces Plan To Recognise Palestinian State By September

Governor Alia Dissolves Benue Executive Council, Appoints New Chief of Staff

Dangote Cement Set To Commission 3Mta Grinding Plant In Côte d’Ivoire

Abdulrahim Thanks Governor Ododo Over Appointment as Governing Council Chairman Of Kogi College Of Nursing

Trending

NUC Team Pays Revalidation Visit To FUOYE, Lauds Visible Transformation Of Distance Learning Institute
Education

NUC Team Pays Revalidation Visit To FUOYE, Lauds Visible Transformation Of Distance Learning Institute

by Vital News
August 1, 2025
0

A delegation from the National Universities Commission (NUC) has paid a revalidation visit to the Distance Learning...

Work Ongoing To Re-Erect Three Towers Along Kainji-Birnin Kebbi Transmission Line – TCN

FG Awards Contracts Worth N68.7bln For Power Projects In Universities, Teaching Hospitals

July 31, 2025
Ododo Applauds President  Tinubu, Minister Of Works Over Ongoing Reconstruction, Expansion Of Abuja–Lokoja Highway

Ododo Applauds President Tinubu, Minister Of Works Over Ongoing Reconstruction, Expansion Of Abuja–Lokoja Highway

July 31, 2025
Hafsoh Killer, Abdulrhaman Bello To Die By Hanging, Court Discharges, Acquits 4 Others

Hafsoh Killer, Abdulrhaman Bello To Die By Hanging, Court Discharges, Acquits 4 Others

July 31, 2025
FG Seeks Partnership With Dangote Cement To Bridge Housing Gap

FG Seeks Partnership With Dangote Cement To Bridge Housing Gap

July 31, 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

  • NUC Team Pays Revalidation Visit To FUOYE, Lauds Visible Transformation Of Distance Learning Institute August 1, 2025
  • FG Awards Contracts Worth N68.7bln For Power Projects In Universities, Teaching Hospitals July 31, 2025
  • Ododo Applauds President Tinubu, Minister Of Works Over Ongoing Reconstruction, Expansion Of Abuja–Lokoja Highway July 31, 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