Truck production will be in partnership with China National Heavy Duty Truck Group Company, or Sinotruk. The plant will be 60% owned by the Dangote Group, trading under Dangote Industries, with Sinotruk holding the remaining 40% equity stake.
The assembly plant will be the eighth Sinotruck plant abroad.
The same year saw Sinotruk secure orders for 176,000 vehicles, up by 9.94% from the previous year, of which 34,000 units were sold outside China. Around 15,000 units of this number were sold in Africa.
Sinotruk was founded in 1956, with the first truck rolling off the assembly line in 1960.
- Links: Engineering News
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