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  • Business - Companies
  • Updated: February 24, 2020

Dangote Invests N63b In ANAMMCO

Dangote Invests N63b In ANAMMCO

 

Dangote Group has invested the sum of N63bn to purchase 3500 units of locally assembled Shacman trucks at the production plants of Anambra motor manufacturing company, ANAMMCO, in Enugu.

The order was delivered within the time frame of five years after Dangote Group's signed a deal with Transit Support Services (TSS), a subsidiary of ABC Transport PLC.

The agreement between Dangote group and ANAMMCO started in 2016 with 350 Trucks as first order from Dangote group.

Today, the company has made 3,500 trucks supply to Dangote group at the cost of  N18m each.

Speaking at the tour to the expansive ANAMMCO plant which samples of  Dangote trucks were undergoing semi-knocked down (SKD) production, Chairman of TSS, Mr Frank Nneji said that ANAMMCO has gotten to this position because of Dangote's patronage.

“In identifying a plant that has capacity in the south-east, in Enugu to allow us to produce trucks locally instead of importing them.”

 “And of course you know what it does for us here in the South East. For more than seven years this plant was shut down. There was no activity here until we made an agreement with Shacman group and started skeletally.

"But we were only to start full step production when we offered the logistics solutions to Dangote and the production facility of ANAMMCO way back in 2016. That was the time we signed the agreement for the first 500 units of trucks.”

“ANAMMCO like I told you is a plant that was commissioned in 1980 by the Federal Government, it used to be in collaboration with Mercedes Benz. Of course, you know what has happened to the auto industry. We had gone down over a long period before the inception of the automotive policy.

“What we are saying in ANAMMCO coming back is actually as a result of this auto policy. This is one of the benefits. And the second thing is the benefit of Dangote’s patronage in identifying a plant that has capacity in the south-east, in Enugu to allow us to produce trucks locally instead of importing them.

“And of course you know what it does for us here in the South East.

"For more than seven years this plant was shut down. There was no activity here until we made an agreement with Shacman group and started skeletally.

"But we were only to start full step production when we offered the logistics solutions to Dangote and the production facility of ANAMMCO way back I 2016. That was the time we signed the agreement for the first 500 units of trucks.

“What this initial capacity surge did was to ensure that all the staff of ANAMMCO who had been at home had to come back to work. Some local suppliers, lubricants, electrolytes and the rest of them also had to come back to doing business. And it goes even further than that because we are in Enugu, we used the Onne Ports to bring in these goods.

"You know many people are complaining that Onne Port is moribund, no good is coming. Of course, we directed all the containers here and from 2016 up till now courtesy of Dangote, the Onne Port has handled more than 3000 containers coming to this place.

“So you see how we can spur capacity by utilizing our local capacity that is available and this is courtesy of Dangote and the patronage and each time we had approached Dangote, we said, ‘look if you are going to do this number of trucks, it is important that the Shacman apart from its quality, we are also representing a firm that has production capacity in the South East in the stake of ANAMMCO.’ That is how Dangote is keeping the South East automobile sector working.

“According to the National Automotive Policy, Enugu and Nnewi have been designated as the automotive center for the South East in this axis. This is because of the stay of ANAMMCO over a period. They have acquired a lot of technical capacity. There is also a training school that produces technicians, training young school leavers here.

“So this is what we are doing here. This place is busy producing quality trucks with Dangote as the largest single patron. 90 percent of the trucks produced here are for Dangote.

“Here we have done 3,500 units for Dangote. Additionally, the trucks used at the refinery are also Shacman trucks. Because of the quality of Shacman trucks, Dangote also patronizes that for the refinery", he said. 

 

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