L
LequteMan
Guest
Lagos state has received a major boost as a German company, Knauf Group International, has expressed readiness to commence work on a N14 billion tool manufacturing firm in the state.
“We are looking to invest and build a factory here. We are looking for your support. We have been to Lekki Sea Port and want to proceed on investing straight off. I wish to express our interest in investing about 70 million US dollars in construction tools factory in Lagos for the first stage,” a representative of the company, Mrs Isabel Knauf, said.
She also solicited the support of the governor towards locating a $70million (N14billion) building and construction tools manufacturing company in the state.
She said the preference for Lagos was informed by its proximity to ports, availability of gas pipeline and a ready market.
She spoke when the German Ambassador, Michael Zenner, led a group of German diplomats and investors on a visit to Governor Akinwunmi Ambode at the Lagos House, Alausa, Ikeja.
Ambassador Zenner, while canvassing for an increased presence of German businesses in Lagos, also sought for improved bilateral trade relations with the State Government.
Tribune
“We are looking to invest and build a factory here. We are looking for your support. We have been to Lekki Sea Port and want to proceed on investing straight off. I wish to express our interest in investing about 70 million US dollars in construction tools factory in Lagos for the first stage,” a representative of the company, Mrs Isabel Knauf, said.
She also solicited the support of the governor towards locating a $70million (N14billion) building and construction tools manufacturing company in the state.
She said the preference for Lagos was informed by its proximity to ports, availability of gas pipeline and a ready market.
She spoke when the German Ambassador, Michael Zenner, led a group of German diplomats and investors on a visit to Governor Akinwunmi Ambode at the Lagos House, Alausa, Ikeja.
Ambassador Zenner, while canvassing for an increased presence of German businesses in Lagos, also sought for improved bilateral trade relations with the State Government.
Tribune
