By: Ike Philip Abiagom
Suiming Nigeria Ltd is one the leading and biggest Multi-billion Naira Plastic and Electrical Manufacturing Industry in Southern Nigeria with over 12 years years experience has entered into a Memoranda of Understanding (MoU) worth $150 Million USD with China Guanogdong Suiming Photoelectric Company Ltd to deepen investment at the Nigeria market and boost trade between both countries.
According to the company, the agreement was signed by the Chairman of Suiming Nigeria Limited Distinguished Senator Peter Nwaoboshi and a representative of Guanogdong Suiming Photoelectric Company Ltd.in Accra, Ghana.
Speaking at the signing ceremony, Nwaoboshi said that the Suiming Nigeria Ltd is one the biggest plastic and electrical products manufacturing company in Southern Nigeria with over 12years years experience in manufacturing industry with a wide range of world class products such as PVC Conduits pipes, wire and cables, pressure/water pipes, PVC Trunks, Plastic Waste Bin, Water Storage Tanks, Plastic Tables and chairs, Souvenir Packs for Weddings and Events etc. with higher quality.
The Industrialist attests that this partnership will also increase Nigeria’s capacity to export plastic and electrical products thereby enabling more diversifications and foreign exchange inflows for the economy.
According to the Chairman, strategic collaborations with key objectives of facilitating partnership for research, training & development projects will enhance the quality, reliability, durability and affordability of products solutions including innovative technologies.
Leveraging on the partnership, Suiming Nigeria Limited signed a landmark cooperation agreement with Guanogdong Suiming Photoelectric Company Ltd. China.
The agreement seeks to bridge the gap of financial challenges in the manufacturing sector in the Nigeria’s Plastic and electrical product industry. It will also pave way for job creation of thousands of indirect and direct jobs and drive economic development in the Delta State and Nigeria in general.
