Chief
Economic and Commercial Counsellor of the Spanish Embassy in
Nigeria, Mr. Pablo Segrelles, on Wednesday expressed Spanish companies’
interest in the development of Nigeria’s automotive industry.
The Federal Government had in Oct. 2013
approved the Automotive Industry Development Plan aimed at attracting
investment to the sector.
Segrelles told the News Agency of
Nigeria in Lagos that seven Spanish companies would soon be visiting
Nigeria to seek business opportunities with stakeholders in the
automotive industry.
“Seven Spanish companies have indicated their interest in doing business with, as well as promote Nigeria’s automotive industry.
“The companies strongly believe that the
future of car manufacturing in Nigeria is positive. They see a good
business opportunity in Nigeria’s automotive industry.
“What the Nigeria’s automotive industry urgently needs is the know-how on getting machinery from abroad.
“We feel that the best way for Nigeria
to develop her automotive industry is to allow investment with other
countries,’’ he said.
The Spanish official said that the
companies were engaged in the production of brake pads, electrical
components and other vehicle accessories.
Segrelles said that the companies and
other Spanish investors were prepared to promote the Federal
Government’s automotive industry development policies.
He added that the Spanish Government would continue to promote bilateral relations with Nigeria now and in the future.
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