Hui, while commenting on the firm’s plans said Sinoria would use its building materials expertise to help solve Nigeria’s housing nightmare by providing quality but affordable building materials.
He explained that his company’s motivation in venturing into the new investment in the manufacture of fibre cement board was a spinoff of the success it had recorded in the production of stone coated roofing sheets.
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Jackie Dai Hui commended President Buhari for creating the right atmosphere for the businesses to thrive in the country, adding that Nigeria was on the path of industrial revolution and self-sufficiency in the local manufacturing of building materials.
He also hinted at new partnerships between China and the country. He noted that in a short while, many companies in China would find it cheaper to set up factories in Nigeria because of its huge market potentials in servicing the rest of the African markets.
China National Building Material Co. Ltd. or CNBM is a public traded company, engaging in cement, lightweight building materials, glass fibre and fibre-reinforced plastic products and engineering service businesses. CNBM is currently the largest cement and gypsum board producer in China.