Mr Marc Robillard, the Commercial Manager of Kaztec Engineering Limited, said his company would invest another 750 million dollars to its existing 300 million dollars investment in Nigeria’s maritime sector.
Robillard disclosed this on Thursday in Abuja after a presentation to Vice President Yemi Osinbajo on its on-going shipyard project.
He said: “I made a presentation to the Vice President on a new partnership that we are creating with the biggest shipping yard in China.
“Basically, what we are looking for is to expand our fabrication facility to the future, build new modules for FPSO and at the end of the day be able to build ships in that yard.
“So, we are trying to replicate the success of that shipping yard in China here in Nigeria which will enhance and create up to 20,000 jobs in the next five to six years.
“And also allow the oil industry not having to send their vessels overseas, or elsewhere, to do repair jobs; so that we have everything here in the country.
“This is the main objective of this visit and we are in turn asking the government to allow more patronage.
The Manager disclosed that the modus operandi of the company was to do a job from start to finish.
Robillard promised that the project would be completed between 2021 and 2022.
“We already have the facility in place where we are actually working and doing fabrication.
“However, we need extra workshops and extra elements in order to be able to enhance, because we are looking at somewhere between 18,000 tons to 20,000 tons of fabrication per year.
“So we need the added facility and the added investment in order to be able to do that,’’ he added.
NAN explained that Kaztec is the only indigenous company that does Engineering, Procurement, Installation, Fabrication, and Commissioning (EPCIC) of projects offshore for the oil and gas industry.
