Slok Nigeria Limited and Dubai-based Toro-Atlantic Global Limited FZE will partner to develop the manufacturing of high-tech appliances in Nigeria, SLOK Holding founder, Dr. Orji Kalu says.

The new joint-venture entity – SLOK Toro-Atlantic Nigeria Limited (STA) will bring cutting-edge technology to Nigeria through the establishment of manufacturing plants for mobile phone, tablet and laptop among others in three major cities in the country.

The agreement for the joint ventures was signed by Dr. Kalu and the Vice Chairman of Toro-Atlantic Global Limited FZE Tiger Li authorized by Toro-Atlantic Global Limited FZE Alex Asiedu.

With an enormous product portfolio that includes smart phone, tablet, laptop, air-condition and refrigerator; Toro-Atlantic Global limited has an impressive and abundant manufacturing facilities in Africa as well as in China.

The new venture is expected to create employment while promoting technological skill transfer.

According to SLOK Holding founder Dr. Orji Kalu, his vision to grow his business beyond boundaries coupled with the strong and integrated manufacturing capability of Toro Atlantic Global Limited FZE; the Joint Venture will be a success in Nigeria.