The
wobbling ceramics industry valued at $600 million may be on the verge of
resuscitation, as interest from the private sector picks up on the back of
renewed enlightenment on the industry’s huge opportunities for growth and
returns.
Gian
Paolo Crasta, marketing and communication manager, Association of Italian
Manufacturers of Machinery for Ceramics (AIMAC) is set to announce today
(Thursday, August 28) plans by investors from Italy, to tap into the Nigerian
tile sub-sector, while also providing the needed machineries for local businessmen
who may be interested in the manufacture of the product.
Also,
the West African Ceramics Limited (WACL) has
recently announced interest to set up a $50 million ceramics plant
(mainly tiles) at Agbara, Ogun State.
Similarly,
over 100 individuals and private firms are currently