Nigeria’s Zeetin Seals Deal to Export Vehicle Parts, Heavy-Duty Metals

By September 10, 2021 NEWS

An innovative and precision engineering company based in Nigeria, Zeetin Engineering Limited, is set to begin the exportation of heavy-duty metal products and other automotive spare parts to international markets.

This is coming as the pioneer firm signed an export Memorandum of Understanding (MoU) with a Turkish-American company, JMT Auto Limited, in Abuja recently to export Zeetin products to African and other foreign countries.

Being an international machine-making company and supplier of machines across the world, JMT is one of the largest auto component manufacturers in the Eastern region and has significant expertise in the auto sector.

The partnership will enable Zeetin to explore JMT’s network of customers to sell its products across Africa, the Middle East, Europe, and Asia, covering Cameroun, Turkey, Saudi Arabia, United Arab Emirates, Algeria, Ghana, Morocco, and India markets.

Also, JMT will supply sensitive spare parts for automotive products, machines, electrical and electronic parts to the Nigerian firm as its technical partner.

Commenting on the deal, the Managing Director of Zeetin, Mr Azibaola Robert, highlighted the significance of the MoU to the country’s economy as it marks the first time a Nigerian firm will begin the exportation of heavy-duty metal products, spares offshore.

He said, “In addition, this collaborative effort between us and JMT will catalyze Nigeria to a net technology exporting country and also save the country valuable foreign exchange. It will boost our economy, create more jobs as well. So, overall, Nigeria will be the ultimate beneficiary.”

Commenting on the agreement, the Chairman of JMT, Mr Serhan Yazicilar, expressed optimism that the deal would bring about growth in the engineering and technology industry, especially in Nigeria, as well accelerate the company’s business relationship with Zeetin Engineering.

Zeetin is a Nigerian precision engineering company that specializes in the manufacturing of heavy-duty metal products, car engines, and spare parts used in the aviation, construction, railway, marine, oil and gas, automotive, and agriculture industries.

It has its factory in the Idu Industrial Area of Abuja with lots of metalworking machines, Computer Numerical Control (CNC) machines, including metal milling and lathe machines.

Read the original article on BusinessDay.