Innoson plans to build a new plant in Imo with the goal of producing 60,000 vehicles per year

Innoson Vehicle Manufacturing (IVM) intends to establish a new plant in Owerri, Imo, as part of its expansion strategy. The establishment of the Imo plant is part of Innoson's mission to become an African vehicle manufacturing giant.

IVM's current manual production plant has a capacity of 10,000 vehicles per year. When it completes its transition to a fully automated manufacturing plant, this figure will rise to around 60,000 per year. IVM currently manufactures vehicles for five African countries: Sierra Leone, Mali, Congo, and Côte D'Ivoire

The indigenous automobile manufacturer announced plans to open a new manufacturing plant in Owerri, Imo State.

Chief Innocent Chukwuma, Chairman of Innoson Group, announced this on Friday during a facility tour of the plant in Anambra State attended by the Nigerian Union of Journalists (NUJ) correspondents' chapel in Anambra. Chukwuma stated that the plant in Imo is part of the company's efforts to realize its vision of becoming an African vehicle manufacturing giant.

"The Innoson factory expansion will be located in Imo's Naze Owerri." We have already purchased approximately 150,000 square meters of land for this project, and construction is currently underway."

Cornel Osigwe, head of corporate communications for the Innoson Group, also spoke, expressing delight at Chukwuma Soludo, governor of Anambra, endorsing Innoson vehicles.

According to Osigwe, the endorsement demonstrated the vehicle's durability and capacity.

"Governor Soludo is the first governor to use Innoson vehicles as official vehicles, and we hope that such endorsement will increase patronage from other state governments, corporate organizations, and well-meaning Nigerians," says the company.

"At the moment, IVM is producing vehicles for about five African countries, including Sierra Leone, Mali, Congo, and Côte d'Ivoire."

According to him, the company is currently transitioning from manual to fully automated production. He added that the manual production plant has a capacity of about 10,000 vehicles per year, but once the migration is complete, production capacity will increase to about 60,000 vehicles per year.