Nigeria, the most populous country in Africa with 206 million, offers new business opportunities for Turkish entrepreneurs. Milleral from Konya will construct plant for Nigerian billionaire.
İMAŞ Makine, one of the subsidiaries of Ittifak Holding; will build a turnkey facility with a daily milling capacity of 2,400 tons under the Milleral brand for the Nigerian BUA Group. The facility to be built for BUA Group, which is rich in energy and one of the most important companies in Nigeria, is planned to be completed in 2021. The daily milling capacity of BUA Foods, which operates within the BUA Group, will increase from 1,600 tons to 4,000 tons with this facility.
“With our Milleral brand, we aim to build an efficient, advanced and world-class facility for BUA Group and to experience our advanced and high-tech machines. We will not only produce machinery for them, we will build an integrated facility from the steel building to the installation of the factory. We are planning to commission this facility by the end of 2021”, IMAS Makine General Manager Mustafa Ozdemir said.
Speaking during the signing ceremony Abdul Samad Rabiu, Executive Chairman and the owner of BUA Group, said, “We started partnership with Milleral brand of IMAS Makine to develop our new state-of-the-art flour milling plants in Nigeria with a total milling capacity of 2,400 tons per day. The new plant will help enhance food security in Nigeria and the West African region.”
BUA Group has diverse investments in the agricultural value chain in sugar, rice, edible oils, flour milling and pasta.