Business
Firm Woos Investors To Abuja Motor Fair
The Managing Director of
BKG Exhibitions Limited, Mr. Ifeanyichukwu Agwu, has urged investors to tap into the opportunities available in Nigeria’s automobile industry.
He gave the advice in a statement ahead of the 15th Abuja International Motor Fair on Thursday.
Agwu, who is the Chairman of the Organising Committee for the event, said every effort had been deployed to ensure the sector get the needed support from both the government and the private sector.
He said, “We are packaging a show that will showcase all the existing and potential investment opportunities that abound in the Nigerian automobile industry, which we believe are very attractive to existing and prospective investors.
“Hosting auto shows of international standard such as the Abuja Motor Fair will go a long way in placing Nigeria in the map of the world automotive business and will equally fast track the making of the nation the hub of automotive business in the continent.
“With the over 50,000 annual demands for brand new automobile products in Nigeria, the stakeholders cannot but strive to ensure that all hands are on deck to promote and support the inflow of more investments into the industry, which is a well known veritable driving force for economic development”.
He explained that the exhibition, which holds at the Eagle Square Abuja from October 22 to October 30, would sustain the nation’s quest for economic transformation and place the country among the 20 most developed economies by the year 2020.
“Mobil Oil Plc, Oando Plc, Mansard Insurance, PAN Nigeria, National trucks manufacturers, Toyota Nigeria, Kia Motors, Weststar Associates, JAC Motors, Leventis Motors, CFAO Motors and Stallion Motors and some foreign automobile and spare parts companies will attend the exhibition,” he added.
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