Lagos: Billionaire Dangote to set up $100 million truck plant, generate employment

Truck plants

Africa’s billionaire and the richest man, Aliko Dangote, is setting up a $100 million vehicle assembly plant in Lagos to tap the opportunity provided by the scarcity of forex and help tackle unemployment in the country.

The plant set to move out heavy duty trucks on which his conglomerate, the Dangote Group, spends huge amount to import.

Image result for Truck plantsAccording to spokesman for Dangote Group, Anthony Chiejina, says Dangote would be partnering a leading Chinese Company, National Heavy Duty Truck Group Company Limited, to produce several thousands of trucks used mainly for haulage.

The assembly plant in Ikeja, is expected to generate employment for about 3,000 workers.


Related Posts Plugin for WordPress, Blogger...