Austrian firms woo Nigerian investors in building materials
New window technology products have been introduced into the country, which its promoters say is the latest technology in window installations, replacing the popular aluminum windows currently widely used in the country.
The new product, PVC Windows, is a product of Extrunet, an Austrian company that specializes in the production of extrusion machines. The company, along with four others recently visited Nigeria on a trade mission organized by the Austrian Embassy and introduced the product at a seminar organized for the purpose.
The workshop sought to provide information on the latest state-of-the-art technologies and trends in the areas of extrusion, lamination and bending of window profiles.
According to the organisers of the event, Extrunet GmbH is a leading supplier in the area of extrusion machinery and tooling as well as an expert in turnkey projects for the production of windows. The company,
along with FUX Maschinenbau and Kunststofftechnik GmbH, an innovator in the profile and window sector that supplies high-quality lamination and bending equipment for window profiles, hopes to relate with local manufacturers for the production of the windows in the country.
Commercial Counsellor of the Austrian Embassy, Nella Hengstler, disclosed this during her address and added: “Extrunet is equally a well-known Austrian company that develops and produces machines and tools for plastic extrusion. When we conducted a market study for them, we realized that Nigerians are primarily still using aluminum windows, while the standard in most other countries is PVC (plastic frame) windows”.
In attendance at the seminar which held at the Intercontinental Hotel, Victoria Island were architects, builders, quantity surveyors, government officials and other professionals associated with the building industry.
Speaking with The Guardian, she stated that the recession notwithstanding, the construction industry stands to benefit from the new products as construction activities cannot be totally halted. She however admitted that trade relations between Nigeria and Austria have been on the decline as a result of the present economic situation.
“The tempo has slowed down considerably but that is not to say that the two countries cannot relate as far as international trade is concerned. As a matter of fact, we believe that in a matter of a few months, Nigeria will come out of the recession. So, our business community still sees potentials for growth in the country, particularly for efforts towards manufacturing some of the products locally”.
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