Volkswagen To Partner Edo Govt In Automotive Agenda

Chief Executive Officer, Volkswagen South Africa, Thomas Schaefer, has expressed the automotive manufacturer’s desire to deepen its investments in Nigeria.

Schaefer said this earlier in the week in Benin City at the Edo Automotive Investment Forum.

According to him, South Africans have over 350,000 jobs from the automotive industry, stressing that the company was keen on bringing such experience to Nigeria

“The automotive industry is quite critical in South Africa. It generates 350,000 jobs. The market boasts of 600,000 new cars,” he said.

“There is zero importation. We hope to replicate this in Nigeria and are interested in the Nigerian market.”

He added that, “We are interested in Nigeria and Edo State, and impressed with the proposal for the Benin Auto Park. We hope to deepen the partnership.”