West Africa Automotive Show Premieres
West Africa Automotive Show, WAAS, a new international trade exhibition, brought the region’s automotive parts industry together for the first time.
The maiden edition was recently held at the Landmark Centre in Victoria Island, Lagos. The 3 day exhibition which had about 100 exhibitors from Nigeria and around the world hosted more than 3000 visitors.
The exhibition aimed at forging new business ties, show off the latest developments and products in the spare parts and services sector. Also, suppliers, dealers and manufacturers will be able to discuss best practice for the industry and find out more about the developing local motor manufacturing industry.
Managing Director, BtoB Events’ Jamie Hill, the organiser of WAAS, stated that they had two successful show launches in Lagos over the past year, Beauty West Africa and Food and Beverage West Africa.
I envisioned the regional automotive sector come together under one roof during the launch of WAAS, he said.
“We have a wealth of international exhibitors looking to bring high-tech equipment to Nigeria for the first time and a large number of local exhibitors are looking to expand their business and increase exports to surrounding countries,” he said.
He stated Nigeria having the largest population on the continent creates a huge market opportunity, and BtoB has selected Lagos to launch its first show. Also, it recognises Nigeria is well placed to become the automotive hub of the African continent with over 11.5 million vehicles on the roads.
Hill stated that with over 60% of vehicles on the road being over 12 years old, there is a huge aftermarket industry, and so, the need for high quality and affordable spare parts is becoming increasingly important.
He stated that there is also a real hunger to boost the local assembly of vehicles across the country with the 2013 National Automotive Industry Development plan (NAIDP), with more assembly plants being set up, this again significantly increases the demand for spare parts.
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Source: This Day, November 2019