• Friday, May 03, 2024
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Abuja Motorfair set to boost auto sector investment

AUTO FAST PIX (1)

The 20th edition of the Abuja International Motorfair targeted towards boosting investments in the sector despite the myriads of challenges confronting the auto sector as well as the Nigerian economy, in general, is set to assume its rightful place as a key sector that drives socio-economic development.

The event which holds at the International Conference Centre Annex, Garki, Abuja from October 28 to November 2, 2019 has been repackaged to ensure that all the tiers of government in Nigeria are made to accord the automotive sector high priority as it is capable of catalyzing and sustaining the nation’s quest for economic diversification and development.

The managing director said that hosting motorfair of international standard such as the Abuja Motorfair will go a long way in placing Nigeria in the global map of automotive business and will equally fast track the making of the nation as a hub in Africa.

Agwu who doubles as the chairman of the organizing committee for the event said, “this edition has been packaged to increase the attention of the government to the importance of urgently addressing the current challenges in the sector so as to use it to drive the nation’s economic diversification policy”.

In his positionas the managing director of BKG Exhibitions Limited, organisers of the event, he said, “every effort has been deployed to ensure that the sector receives the needed support from both the government and the private sector to enhance its’ rapid development. We are packaging a show that will showcase all the existing and potential investment opportunities that abound in the Nigerian automobile industry, which we believe are very attractive to existing and prospective investors”, he announced.

He noted that for over 19 years, the organisers have been able to create a comprehensive automobile exchange platform drawing global attention.

‘’We believe that with high attention from all levels of government leaders, joint efforts of sponsors and organizers, strong supports from the motoring journalists and people in all fields, and powerful market and social demands, the Abuja International Motor Show is now ‘ a must be’ place for any serious player in the industry”. He stated.