From EMMANUEL UZOR, Onitsha

Anambra State Governor, Chief Wille Obiano, at the weekend performed the ground-breaking ceremony for the construction of a $40 million automotive assembly plant in Ozubulu, Ekwusigo Council Area of the state.

Speaking at the foundation ceremony for establishment of Richbon Automotive Nigeria Limited, Obiano, said the exercise was part of dividends of his administration’s readiness to partner private investors to create jobs and industrialise the state.

He further disclosed that the company, [upon completion in  18 months, will be a world-class motor assembly plant in Africa with capacity to build all brands of vehicles including heavy-duty agricultural and construction equipment.

He commended the Chairman of Richbon Group of Companies, Mr. Cajethan Muonagolu, for choosing Anambra State for the establishment of the assembly plant, adding that it would, among other things, create over 10,000 direct jobs for the youths.

The Governor noted that Ozubulu, the host community, will hold four per cent equity in the company while the Anambra State government will have six per cent while additional two percentage will be for maintenance and development of the host community as part of its Corporate Social Responsibility (CSR) project.

On the readiness of his administration to further expand the relationship between the state government and private investors, Obiano said his government was already embarking on captive power plants to supply 10 megawatts to help private investors in the state as well as consolidate on security of lives and property to protect investors and their investments in the state.

In his address, the Chairman of Richbon Automotive Industry Limited, Muonagolu, said the construction of the assembly plant with a life span of 18 months will, upon completion, steer the wheels of development across Africa and beyond.

He said, “this project is an ultra-modern assembly plant with three mega lines among which is the heavy-duty and light trucks assembly with production capacity for 10,000 units of trucks per annum, commercial buses assembly plant with production capacity for 2,000 units and construction machinery assembly plant with production capacity for 20,000 units per annum.”

Muonagolu further disclosed that Richbon Automotive Industry Limited has foreign partners like Xiamen, XGMA Machinery Company Limited and Shanxin Heavy Duty Automobile Import and Export Group, which he said are competent automobile industries that have reputation around the world as leading automobile companies.

He said part of the mission and vision of the company include providing affordable, durable and quality automobile trucks, equipment and after-sales services comparable with world-class standard and to create value and satisfaction for their customers.

“We are aiming to become the leading automobile company in Africa that delivers excellence in production and after sales services and we shall create over 5,000 jobs for Nigerian youths and contribute immensely to the Internally Generated Revenue (IGR) of the state government.”

The Chairman of Anambra State Investment Promotion and Protection Agency (ANSIPPA) and the traditional ruler of Umuoji, Igwe Cyril Enweze, described the milestone achievement as impressive since Obiano’s  administration began.

Igwe Enweze said ANSIPPA has been saddled with the responsibility of assessing local and foreign investors in the state with a view to knowing their capacity and genuinness to establish companies or industries in the state, adding that the improved security situation in the state has made it possible for investors to troop into it.

He said since the establishment of ANSIPPA, it has increased commercial and industrial activities in the state, adding that “the project bears eloquent testimony that Anambra State is now a safe haven for investors, which is also an indication that the administration of Obiano is ready to protect investors and they will be sure of their investment.”

http://sunnewsonline.com/new/?p=109510

I hope the moderator Lalasticlala is fair enough to put this on the frontpage to inform Nigerians on the developments happening in various parts of the country. If a completely useless picture of Fashola in a raincoat, or Rochas dancing Shoki, could get featured on the frontpage, then it would completely defile logic if this informative thread does not.

Igbos leading d pack in technological development since 19 kpiridigim

Nice one from Anambra big men. Think home philosophy. Innoson's move bearing fruits .

I expect more Anambra big men to emulate these bold steps and industrialise the whole east.

Lagos is choked up.

Igbo kwenu

Bleep Lagos.... Industrialized the East

Finally Anambra state gets more from Government to attending mass and building malls

we can now experience real development that will improve the lives of the local people and decongest Lagos and Abuja

Chime and Obiano really come off, to me, as men who conceptualize, plan and budget before embarking on a project.
Rochas Okorocha just shouts and then embarks on useless projects (jamboree). That's why the immbecile has the guts to post pictures of the state government house and the Ecumenical Centre (a f0cking chapel) as his accomplishments after 4 years... not forgetting his abandoned, unfinished 27 general hospitals (supported with bamboo sticks and crawling with weeds and mushrooms now), the Okigwe Princess Hotel (which has collapsed) and the 18 billion naira Conference Centre (which was used only once by the NBA and now lies abandoned - a white elephant).
After his 4 years, not a single project for job creation, employment or development of small businesses; wanton corruption and nepotism fill the air in Imo.

What a pity. Get rid of this fat buffoon now!

We seriously need to industrialize Anambra and thanks to willie we are getting there and at this rate we will get there

In exactly one year Obiano has started numerous development projects in nigeria.Malls are being built roads under construction and millions made through attracted investors.Is good to have a active working governor with vision to develop your state.Workers are paid though their salaries has been increased.IGR has increased to finance the projects and supplment the misery 21 billion federal allocations

Willie is working.
Thank God Ngige lost by now our state treasury would have been dedicated to financing buhari campagin.

While they are busy fighting over all blocks.....

There is more to come!

I wish my village daura was in Anambra. The gwofnor is working very hard to deflop the state.

Akpokuedike 1 of Aguleri is really working. Indeed "Anambra Adigo Mma".

DWJOBScom:
Finally Anambra state gets more from Government to attending mass and building malls

we can now experience real development that will improve the lives of the local people and decongest Lagos and Abuja

This exactly what APC (some yoruba & some hausa conspiring) are fighting against. They want all Nigeria to remain in third world status perpetually as long as they are in control. GEJ till 2019!!!!!

Kenai:
Chime and Obiano really come off, to me, as men who conceptualize, plan and budget before embarking on a project.
Rochas Okorocha just shouts and then embarks on useless projects (jamboree). That's why the immbecile has the guts to post pictures of the state government house and the Ecumenical Centre (a f0cking chapel) as his accomplishments after 4 years... not forgetting his abandoned, unfinished 27 general hospitals (supported with bamboo sticks and crawling with weeds and mushrooms now), the Okigwe Princess Hotel (which has collapsed) and the 18 billion naira Conference Centre (which was used only once by the NBA and now lies abandoned - a white elephant).
After his 4 years, not a single project for job creation, employment or development of small businesses; wanton corruption and nepotism fill the air in Imo.

What a pity. Get rid of this fat buffoon now!

Lol

I am happy as anambra man

Anambra Adigo mma!

Ok

Interesting

Obaino carry go!

Nice.. I love it when good news is coming from my state

God bless Nigeria

all the plan is set......
gate of hell would be open
only if Gej wins there will be peace in Nigeria
no Gej no Nigeria

Wow..........Ozubulu bee nna m.

Anambra adigo mma.........

good





Meanwhile are u having problems with your joystick size or having premature ejac?? Check my profile/signature

softysparky:
Wow..........Ozubulu bee nna m.

Anambra adigo mma.........

be nne gi nko?

Ok,we await d comin of dis project

think of Industrialization, then talk about Anambra men and women

The governor of Anambra state seems focus and has a good plan, I just hope he will continue like that.
Also other state govenors who only think of looting the state treasury should know that, that era has passed and they should try and pick up as Well.

Who will buy those cars? Lubish, why not build a bicycle plant. #AskFashola

Something is really going on in Anambra state. The way the state is fast developing coupled with the kind of politics without bitterness being played there. I can only say God bless Anambra state; the land of the rising sun.

Growing up, I knew the Nigerian Government to celebrate project(s) commissioning.

Now we celebrate ground-breaking.

No thanks to the Jonathan administration.

Obiano is working