As part of the Chams Group’s contribution to the development of local content in the telecoms sector, it has invested in the construction of a Subscriber Identity Module (SIM) card manufacturing plant through its subsidiary, CardCentre Nigeria Limited.
Group Managing Director and Chief Executive Officer of Chams PLC, Mr. Demola Aladekomo disclosed that by the time the manufacturing plant commences production by the end of the third quarter of 2015, Nigerian telecoms service providers will no longer need to import full body SIM card.
The project is aimed at contributing positively to capacity building in the telecoms sector and also help to reduce unemployment in the country.
According to Aladekomo, “We are already discussing with our European partners. We had positive discussions with them at the 2015 MWC in Spain and expect to sign agreements with them by the end of May so that by the end of third quarter, we would have finished building the plant and begin production immediately.”
Aladekomo noted that having pioneered identity management and payments system in Nigeria, the Chams Group is better positioned, through CardCentre, to get the go-ahead on the project from the federal government.
CardCentre Nigeria Limited specializes in printing and personalization of card/ smart card products, PVC pre-printed cards, PVC based ATM/Debit cards such as MasterCard, Visa, Verve and Genesis as well as GSM SIM cards. It earned the world record for producing largest volume of cards within the shortest possible time in 2007 when it partnered with parent company, Chams, to set up the largest card personalisation plant in Abuja to produce 56m permanent voters cards in 90 days for the Independent National Electoral Commission (INEC).