Showing posts with label Anambra. Show all posts
Showing posts with label Anambra. Show all posts

Wednesday, 10 September 2014

Hope rises for eastern auto market as new investors enter ANAMMCO

Nigeria is set to witness a rash of industry revivals and employment generation, following the regeneration of the country’s moribund heavy duty truck manufacturer, Anambra Motor Manufacturing Company (ANAMMCO).
ANAMMCO, located in Emene, Enugu, which has been moribund for several years, is being recalled to life by an assembly contract agreement it signed with Transit Support Services (TSS) Limited.
Sequel to the contract, TSS has acquired an assembly line in ANAMMCO and is set to commence full-scale heavy duty and articulated trucks assembly operations next month (October), a move that is expected to see the production of 100 trucks per month in the first phase.
Coming barely one year after the introduction of the new automotive policy by the Federal Government, industry watchers say