KIA MOTORS MULTI BILLION NAIRA INVESTMENT IN NIGERIA

KIA motors assembly plant named United Vehicle Assembly Limited (UVAL) is intended to make the nation a leading manufacturing hub. Also the assembly plant which is located in Lagos is expected to produce 25,000 vehicles each year.

The plant has employed engineering graduates from Nigerian universities and will continue to provide employment for locals.

UVAL CEO Jacky Hathiramani said, "We are committed to contributing immensely to the development of the nation through this multi-billion investment. We have taken our growth commitment to a greater height in Nigeria and repositioned our brand by supporting the Nigeria dream."

In line with a commitment made in 2014 to produce vehicles locally, Kia Motors recently launched its made-in-Nigeria automobiles such as Kia Rio, Cerato, Optima, Sorento and Soul. 


Credit: Africareview.com