Governor Akinwunmi Ambode of Lagos State is scheduled to inaugurate Cadbury Nigeria Plc’s new state-of-the-art manufacturing plant on Friday, October 16, 2015 in Agidingbi, Ikeja area of the state.Also expected at the ceremony are the Executive Vice President, Integrated Supply Chain, Mondelēz International, Mr. Daniel Myers, and top government officials.
The plant, according to a statement, will boost Cadbury’s production capacity by nearly 37 per cent to meet surging demand for its favourite food-drink, Bournvita.
The statement read in part, “The new plant, which is fully automated, will replace an older facility, which could not support the necessary expansion plans, including the installation of new equipment. It will generate greater efficiencies, enhance the quality of our products and be more competitive in the market.
“As a mark of confidence in the Nigerian economy, Mondelēz International embarked on the construction of this plant within our site at Agidingbi, Ikeja, Lagos, which resulted into Direct Foreign Investment of over N10bn.”
The Head, Corporate and Government Affairs in West Africa for Cadbury Nigeria, Mr. Bala Yesufu, said, “We embark now on a major new phase in our manufacturing capability. This state-of-the-art plant, which represents the single largest investment by Mondelēz International in Africa in the last two years, is in line with our desire to keep pace with the latest technology in our business space; the need to demonstrate our leadership position in our sub-sector of the Nigerian economy.”
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