Mikano, Geely partner on automotive in Nigeria
Mikano International Limited has announced the signing of a Strategic and Exclusive Partnership with Geely Automobile International Corporation, for its automotive brands in Nigeria. Under the terms, Geely vehicles will now be assembled in Nigeria, at the Mikano Motors Assembly Plant.
According to the partners, this validated local assembly structure, assures clients on the vast availability of spare parts, to which Mikano allocated to Geely two modern warehouses located in Karameh Industrial City facility along the Ibadan Expressway, Isheri-lfo Local Government.
Mikano said in statement that the partnership with Geely, was yet an important step towards extending its role of delivering premium quality products and services to the automotive sector.
“For more than 27 years, Mikano has been providing premium quality products to the Nigeria market, by building global strategic alliances with the world’s largest manufacturers,” it added.
Geely is currently the owner of Volvo Car Group, and the biggest shareholder of Daimler AG (to which Mercedes Benz belongs), which allows it to acquire the highest global and future technologies in the automotive industry. Its sales exceeded 2.1 million cars, placing it among the world’s
Top car manufacturers.
Over the past 10 years Geely has invested more than $14 billion in research and development (R&D), and plans to invest more in the next five years, in a commitment to providing the highest level of modern technologies in the industry and has recorded notable growth indexes.