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Bayelsa Govt, Samsung partner on local content

By Ubong Nelson

The local content initiative of the Federal government, continues to progress as companies are engaged in capacity building plans in the country.

Recently, Hon. Seriake Dickson, Executive Governor of Bayelsa State, received a high powered delegation of SAMSUNG Heavy Industries from Seoul, Korea, led by the Senior Vice President, Mr. J. H. CHUNG, to discuss and conclude plans to establish a fabrication yard in Bayelsa State, to cater for potential LNG and Off-shore business in Nigeria, and to train Bayelsa youths in SAMSUNG’s Geoje shipyard in South Korea.

Recall that in April 2012, SAMSUNG sponsored a pilot team of 20 youths from Niger

Delta, to their world-class fabrication yard in Geoje, Korea, for training in several areas of welding, cutting, sandblasting and painting, and upon graduation, certificates of completion, and excellence, were issued to the participants.

Globally, SAMSUNG Heavy Industries has achieved unbeatable leadership in the high-tech high-value ship building sector,.

It is Asia’s leading construction company by providing the best quality and technology. In its operation, SAMSUNG Heavy Industries has recorded the lowest accident rate in carrying out its activities, because of its strict safety management standards set out. At SAMSUNG Heavy Industries worldwide, promoting perfect construction with a priority on quality, has earned the company, the No.1 spot in customer satisfaction.

These are the standards the company is transferring to Nigeria’s economy, via capacity building. It is the intention of SAMSUNG and their Nigerian affiliate, to partner with Bayelsa state government in youth empowerment, and skills development in the first instance.

The second stage will consist of the construction of a world-class mega fabrication yard for LNG carriers, and maintenance. In addition, the yard will be capable of fabricating large off-shore structures and offer employment to the trained youths.

It is believed that at full capacity, this facility will employ approximately 10,000 indigenes and also stimulate other secondary and tertiary businesses in the state.

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