Nigerian Building Materials Manufacturing Joint Venture

Requirement

A Turkish building materials manufacturer seeks a Nigerian joint venture partner to establish local production of ceramic tiles, sanitary ware, and related building products. The $12.5 million joint venture targets Nigeria's construction materials market valued at $8 billion annually with significant import substitution opportunity. The Turkish partner contributes manufacturing technology, equipment supply, technical expertise, and export market access. Seeking Nigerian partner contribution of land (5+ hectares in Lagos/Ogun corridor), local market knowledge, distribution relationships, and regulatory navigation. Equity split negotiable based on contribution value. We seek Nigerian industrialists, construction groups, or investment holding companies with real estate and construction sector relationships. Ideal partners have experience in manufacturing or building materials distribution and ability to support land acquisition and regulatory processes. Nigeria imports over $1 billion in ceramic tiles annually despite having raw material availability for local production. The joint venture benefits from import substitution incentives, local content requirements in construction projects, and logistics advantages over imported products. Gas availability for kiln operations is a key site selection criterion. Target production capacity of 5 million square metres of tiles annually with phased expansion potential. Construction timeline is 24 months with commercial operations by late 2028. Projected returns of 25-35% IRR with 5-year payback.