M a r k e t N e w s
Nigeria: Shell, Others Begin Construction of Industrial Park
Posted on : Wednesday, 4th November 2015
The Nigerian Content Development and Monitoring Board (NCDMB) and Shell Petroleum Development Company of Nigeria (SPDC) last Friday performed the ground breaking of a mini industrial park to boost Nigerian Content goals.
The event took place in Port Harcourt, Rivers State and featured three original equipment manufacturers (OEMS) utilised by Shell for its operations-Alcon, Fiddil, Prime Atlantic-each getting a land space measuring 1800 square meters within Shell's Industrial Area to build their facility and domesticate some of their services.
In his speech, the Executive Secretary of NCDMB, Mr. Denzil Kentebe explained that the event re-affirms Federal Government's vision to use Nigerian Content as an instrument for the industrialization of the Nigerian economy, listing targets of the initiative to include transformation of representatives of OEMs from "marketers to manufacturers and maximize retention of industry spend within the economy, on procurement of equipment, manufacturing, supply, installation and after sales services.
Speaking at the event, the Managing Director and Country Chair of SPDC, Mr. Osagie Okunbor described the initiative as a key intervention of the Shell companies in Nigeria to support Nigerian Content Development.
Source : allafrica.com