Business Anambra Motor Manufacturing Company Comes Back to Life

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LequteMan

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Nigeria- Nigeria could be on the path to industrialisation with the revival of the Anambra Motor Manufacturing Company as the company on Thursday rolled out the first set of Shacman trucks out of its Enugu plant, Punch reports.

The project is the outcome of a joint venture between ANAMMCO and Transit Support Services, a subsidiary of ABC Transport Plc, with Shaanxi Automoble Group of China offering technical support and Fidelity Bank giving the needed finance.

It is also the fallout of the Nigerian Automotive Industrial Development Plan introduced by the Federal Government in September 2013 to encourage local production of vehicles, according to the Director-General, National Automotive Council, Mr. Aminu Jalal.

According to him, implementation of the auto policy has entered its second phase, which is the development of automotive local content.

He said NAC was acquiring land in three auto clusters, including Anambra-Enugu to develop automotive supplier parks, stressing, “These supplier parks will be provided with the necessary infrastructure to attract manufacturers of automotive local content.”

Analysts have thus noted this as good news to auto spare parts in Nnewi and other parts of the South-East to fully develop their ingenuity; they will also have a big market for their products.

#Nigeria #Anambra

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