Mara Group is a multi-sector conglomerate with operations in 19 African countries. JS Group is an industrial conglomerate with investments primarily in developing economies throughout Asia, the Middle East and Africa. Ghani Group is a leading glass manufacturer with plants in the UAE and Pakistan, and a total production capacity of over 300,000 tonnes.
During the groundbreaking ceremony, Prashant Manek, director at Mara Group, said, according to a statement posted Friday on PR Newswire : “This project is a first step in making Nigeria self-sufficient in terms of glass manufacturing. As a result of the strategic location and the locally available raw materials, we are highly confident that we will be able to build a world-class, cost-competitive facility.”
The proposed plant is aimed at curbing Nigeria’s high dependence on imports from Europe, South America and China for float glass as domestic demand is increasing as a result of the country’s booming housing industry, and currently estimated at 360,000 tonnes per year.