Introduction
Nigeria is Africa's largest economy and most populous country, and Nigeria offers lucrative trade opportunities for Chinese companies of all sizes. As of May 2019, Chinese companies had invested $20 billion in more than 150 companies in Nigeria. Nigeria is one of the fastest growing net importers of physical goods from China. In 2017, Nigeria's main sources of imports were China ($9.6 billion), Belgium ($3 billion) and the Netherlands ($2.8 billion). Nigeria imports more from China than the other two largest sources of imports combined, with Chinese goods accounting for a quarter of all imports in Q2 2019. According to Chinese customs statistics, from January to June 2019, bilateral trade between China and Nepal reached US $8.68 billion, up 20.7 percent year on year and 22.7 percentage points higher than the overall growth of China's foreign trade in the same period. Among them, China exported 7.52 billion US dollars to Nigeria, up 18.2 percent year-on-year. Nigeria continues to be China's second largest export market in Africa, after South Africa.
Exhibits
Air conditioning: household air conditioning, central air conditioning and various accessories;
Ventilation equipment: fan, motor and industrial ventilation;
Pipe pump valves: pipes and accessories, all kinds of pumps and plumbing valves, etc. Water heating: faucets and all kinds of water heating equipment
Radiator: all kinds of radiator; Steam boiler equipment; Humidifier, heat exchanger, air purification device, etc. Refrigeration: freezer, incubator, etc
• Elan Expo with a solid network and experience has been organizing exhibitions for 7 years in Nigeria.
• The annual growth rate in Nigeria construction building sector is 13%. Import rate is 85% for construction materials.
• 5 big construction projects planned to build for upcoming years in Nigeria; Dangote refinery Project cost: $12 billion, World Trade Centre Abuja Project cost: $1 billion, Eko Atlantic City Project cost: $6 billion, Lekki Deep Sea Port Project cost: $1.65 billion, Abuja Centenary City Project cost: $18 billion. The Eco Atlantic City project (like the palm island of Dubai) will be built on 10 million square meter and it is a major investment project not only for Nigeria but for Africa; It includes residences, hotels, restaurants and cafes etc.
• Nigeria is now Africa's largest foreign direct investments beneficiary, and its diversification is well underway. Indeed, the non-oil sector is growing faster than the oil sector as Nigeria's 182 million-strong population starts getting wealthier and consuming more and more.
• Nigeria market is, without a doubt, the biggest in Africa with an official population figure of 182 million.
• Trade shows put your company and its products face to face with customers and prospects, your main objectives are to generate awareness and ultimately, to make a sale.
Do you want to be part of the HVAC+R Sector players in West Africa? Visiting the largest HVAC+R Show of West Africa; the Mega Clima Nigeria Expo is the best way to keep up to date with the latest developments in West Africa's newly growing construction sector.
• Come and see the newest products and technologies HVAC+R sector in West Africa
• Connect with new suppliers, customers, and business partners
• Experience the most relaxed, qualified, friendly and easy to visit HVAC+R show
• Get the chance to meet a large number of local and international companies
• Book in face-to-face appointments with key suppliers
• Network with your peers from across Nigeria and around the world
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