FDIs to rise as West Africa Automative Show returns

The Foreign Direct Investments (FDIs) to the economy is expected to rise as the West Africa Automotive Show (WAAS) returns to Lagos.

The two-day event, slated for  May 17 to 19, is expected to attract more than 100 exhibitors and 3,000 visitors.

According to the organisers, while the event would focus on local businesses, there would be overseas representation from more than 20 countries. These include India, UK, Ireland, Thailand, Indonesia, Nigeria, Pakistan, the UAE, Poland, the United States, and Turkey.

The show, which will take place at the Landmark Centre on Victoria Island, has been endorsed by the National Automotive Design and Development Council (NADDC).

The founding partner is Africa’s largest auto spare part market, Auto Spare Parts and Machinery Dealers Association (ASPMDA).

WAAS is organised by BtoB Events, which also runs the Food and Beverage West Africa show and Beauty West Africa show.  BtoB Events’ Managing Director Jamie Hill said: “We are delighted to be able to bring the long-anticipated return of the West Africa Automotive Show back to Nigeria, for its first post pandemic edition.

“Demand for exhibition space has been very high. It reflects the strong desire from the market to get back to business and make us for lost time.

“The impact of the pandemic on international trade was huge, so the exhibition will act as a perfect platform for businesses to find new suppliers from around the world and suppliers to find new customers across the region.”

 

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