Dangote Sinotruck $100mn CKD Assembly Plant in Lagos
The plant has the capacity to assemble and produce 10,000 trucks annually. It is a joint venture, controlled by Dangote with a leading share of 65% and Sinotruck of China with 35%.
The plant has the capacity to assemble and produce 10,000 trucks annually. It is a joint venture, controlled by Dangote with a leading share of 65% and Sinotruck of China with 35%.
Haresh Aswani, Managing Director, Tolaram Africa, said: “We are thrilled to welcome Guinness Nigeria, a company with such a rich legacy and strong consumer loyalty, into our ecosystem.
To achieve this, the development partners estimated that a total investment of around 5 billion USD in industrial and semi-industrial production facilities will be needed