Edo govt partners Foton Motor Group to set up world-class vehicle manufacturing, assembling plant

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The Edo State Government is partnering with Foton Motor Group to create a world-class vehicle assembling and manufacturing plant in the State.
The Managing Director of the Edo State Investment Promotion Office (ESIPO), Mr. Kelvin Uwaibi, stated that the collaboration will create opportunities for training and employment, while also helping to reduce the cost of vehicles in Nigeria and Africa.
“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,” he said.
“Edo 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.”
He further explained that this investment will bring capacity building and training for young people and ensure that vehicles and spare parts become more affordable for Edo residents and Nigerians.
The Project Manager of Foton Motor Group, Jimmy Liuo, also confirmed that the vehicle assembling company in Edo will be a long-term investment that will contribute to economic development in Nigeria.

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