Jospong Group, Austrian firm sign partnership - Offers sustainable waste management solution
The Jospong Group of Companies (JGC) has taken a significant step to expand its reach in waste management as it signs a major export deal with an Austrian company, FIMA Industries GmbH.
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The collaboration is expected to enable the export of waste management services and equipment to other countries, promote sustainable waste management practices and contribute to a cleaner environment.
Through its subsidiary, Zoomlion Nigeria Limited (ZNL), JGC has entered into a landmark export agreement with FIMA Industries GmbH, a renowned Austrian firm specialising in green technologies and sustainable solutions.
The agreement marks a major milestone in the Jospong Group's efforts to expand its reach and expertise in waste management beyond Ghana's borders.
The Executive Chairman of JGC, Dr Joseph Siaw Agyepong, signed the contract for his company, while FIMA Industries GmbH was represented by its Chief Executive Officer (CEO), Markus Maierhofer.
The signing ceremony, which took place in Accra last Friday, was attended by the Foreign Affairs Minister of Austria, a situation which marked the official opening of the Austrian Embassy in Ghana.
The contract is expected to leverage the strengths of both companies, combining Zoomlion's expertise in waste collection and management with FIMA Industries' cutting-edge technology and global reach.
Milestone
Mr Maierhofer described the partnership with Zoomlion as a "significant milestone".
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"By aligning with such a prominent and influential entity, we are poised to contribute meaningfully to Africa's waste management sector. Our collaboration with Zoomlion Ghana marks the beginning of a new chapter, one that will bring innovative, efficient and environmentally friendly solutions to waste management in the region.
We look forward to expanding our footprint and ensuring that this partnership drives sustainable development across Africa," he emphasised.
According to him, the partnership would enable the export of waste management services and equipment to other countries to promote sustainable waste management practices and contribute to a cleaner environment.
He explained that it came on the back of the successful completion and delivery of a top-tier waste management recycling plant in Ghana.
"Our joint efforts have not only demonstrated our capacity to deliver high-quality infrastructure but also paved the way for future projects."
He disclosed that FIMA Industries had additionally secured insurance from its Austrian contractual partners, which had enabled it to obtain credit for Zoomlion Ghana, further solidifying the partnership.
"Jospong Group, with its extensive footprint, is a major player in Africa's industrial landscape, spanning multiple sectors. Zoomlion, as a key part of the group, stands out as one of the largest waste management and recycling companies, not just in Ghana but across the entire African continent," he said.
Expertise
Mr Maierhofer added that JGC's expertise in sustainable waste management solutions had set the standard for waste management systems in the African region, making the company a prime partner for the groundbreaking project.
"The Jospong Group, through Zoomlion, has been at the forefront of waste management in Ghana, providing innovative solutions to tackle the country's waste challenges.
This new partnership with FIMA Industries is a testament to the company's commitment to excellence and its vision to become a global leader in waste management," he pointed out.
The Director of FIMA Africa, Egya-Boi Awoonor, highlighted the importance of the partnership, stating that it would bring together Austrian and Ghanaian expertise and focus on the supply of waste management technology.
He stressed the long-standing relationship between the two companies, saying, "Zoomlion has been a valued client of ours for the past eight years, during which time we've supplied recycling plants from Austria and vehicles from Germany. What makes today particularly special is that for the first time we have financed a major transaction for a Ghanaian company".
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He further stated that the partnership was expected to leverage the strengths of both companies, combining Zoomlion's expertise in waste collection and management with FIMA Industries' cutting-edge technology and global reach.