- The Project Manager of Foton Motor Group, Jimmy Liuo, said the vehicle assembling company in Edo is going to be a long-term investment
The Edo State Government is partnering with Foton Motor Group, an international vehicle manufacturing firm, to establish a state-of-the-art vehicle assembly and manufacturing plant within the state.
Kelvin Uwaibi, the Managing Director of the Edo State Investment Promotion Office, highlighted that this collaboration will generate training and job prospects, in addition to contributing to the reduction of vehicle costs in Nigeria and across Africa.
He said, “Foton Motor Group has traded with Nigeria in the past. However, they will commence manufacturing their products in Nigeria by establishing an automobile assembling factory in Edo State. The state will provide the necessary support to ensure that the factory is established, and in turn, they will provide support through strategies and investments to alleviate car-related issues in Nigeria and Africa.”
On his part, the Project Manager of Foton Motor Group, Jimmy Liuo, said, “The vehicle assembling company in Edo is going to be a long-term investment and will contribute to economic development in Nigeria. We are in Edo State because of its business-friendly environment. We will bring top brands from China, like micro, light, and heavy-duty trucks and CNG, to Nigeria to reduce the cost of vehicles in Nigeria.”