Chinese auto firm, SINO, sets up shop in Cross River State, Nigeria
A Chinese truck manufacturing company, SINO Trucks of China, has completed arrangements to establish an assembly plant in Calabar, the Cross River State capital.
This was announced when the company’s Head of African Division, Mr. John Wang, visited Governor Ben Ayade.
Wang noted that the assembly plant would be preceded by the establishment of service centres across the state for the company’s trucks in Nigeria.
He said the assembly plant would reflect the company’s first-class infrastructure and the people’s life style.
The company chief said the peaceful investment climate in the state was one of the motivating factors, adding: “Cross River is the most peaceful in the Southsouth with an enduring weather that has a huge potential for the development of trucks and it is good for industrial establishment.”
Giving a profile of his company, Wang said: “Sino Truck is a state-owned company and the number one heavy duty truck manufacturing company in China with over 56 years experience, a good track record in truck manufacturing and assemblying.”
Ayade urged the company to speed up the preparations for the auto plant to take off.
He said: “With our aggressive climate change campaign, the World Bank is setting up $16 billion for Africa and the United Nations (UN) is setting aside $100 billion annually for developing countries. You can see that transportation of young seedlings for planting, vegetation and forest cover becomes a key issue.”
He added: “We are far more prepared and more geared towards the utilisation of the product more than you can imagine.”
