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Israel firm establishes automobile facility in Akwa Ibom

14 July 2015, 13:52Okoro Chinedu

Lagos - Akwa Ibom State Governor, Udom Emmanuel, has laid the foundation for a major automobile assembling plant in the Itu Local Government Area.

He said the development demonstrated his commitment to the industrialization of the state.

“If there is anybody out there who doubt our determination to change the economic fortunes of the State; who is wondering whether our bold vision of industrializing Akwa Ibom is possible, this event provides answer to such doubt,” said the governor.

The plant is the brainchild of the Israeli company named MIMSHAC Merkavim Transportation Technologies Plant.

Udom based the state’s decision to partner the Israeli automobile industry on the need to open up platforms for the industrialisation programmes of his administration.

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“Industrialisation remains the corner stone to the creation of sustainable development,” said Udom.

He acknowledged that the State is endowed with abundant resources which would be harnessed for industrial use and announced plans to establish a clay refining plant to boost economic momentum and create jobs for the people in fulfillment of his campaign promises.

MIMSHAC Merkavim Transportation Technologies Plant assembles of luxury buses, utility vehicles, ambulances and fire trucks.

Ronen Golan, the International Business Development Adviser of the company said it would train 20 indigenes of the state in areas of automobile manufacturing in addition to opening more job opportunities, building of schools and bringing international investors to the region.

- CAJ News


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