Julius Berger Nigeria Plc is advancing its regional expansion strategy, aiming to strengthen its presence in West Africa’s construction sector. The company’s leadership reaffirmed this commitment at the Choiseul Africa Summit held in Cotonou, Benin Republic.
Speaking at the event, Jochen Stolle, Director of Corporate Development at Julius Berger, expressed confidence in the company’s growth trajectory.
“I see Julius Berger as one of the big players coming out of this region in the future,” Stolle stated.
Julius Berger at the Forefront of West Africa’s Economic Dialogue
The Choiseul Africa Summit, held at the Sofitel Marina Hotel & Spa in Cotonou, brought together over 350 economic leaders, policymakers, and industry decision-makers from across the region. Hosted by the Choiseul Institute, the summit served as a platform to foster partnerships, discuss economic strategies, and drive regional development.
As a co-sponsor of the event, Julius Berger positioned itself at the center of discussions surrounding West Africa’s infrastructure and economic future.
Speaking to journalists, Stolle highlighted the significance of Julius Berger’s involvement in the summit.
“Sponsoring this event is crucial for Julius Berger. We attended last year’s summit, and now that it’s in Benin Republic, it presents an opportunity to engage with key stakeholders across the region. We are taking the first step to introduce ourselves, build relationships, and explore new opportunities,” he explained.
Targeting the Francophone Market for Growth
Stolle emphasized the strategic advantages of the Francophone region, particularly its stable currency and integrated economic system, which provide a favorable environment for investment.
“The Francophone region has a major advantage with a common, stable currency. This enhances trust and creates an attractive business climate, which will benefit Julius Berger’s expansion in the region,” he noted.
Benin: A Rising Economic Hub in West Africa
Pascal Lorot, President of Choiseul Africa, highlighted Benin’s growing economic influence in the region, describing the country as a promising destination for investors.
“Benin today embodies an ambitious Africa focused on the future. Its stability, modern infrastructure, and strategic positioning make it a hub for regional economic exchanges. Hosting the Choiseul Africa Summit in Cotonou reaffirms its central role in fostering growth and cooperation in West Africa,” Lorot stated.
Julius Berger’s Experience in Benin and Future Plans
Julius Berger’s regional representative in Cotonou, Christophe Fierens, emphasized the company’s commitment to the Benin market and the lessons learned while operating in a Francophone business environment.
“With over a decade of experience, Choiseul Africa has helped spotlight Africa’s top economic hubs. Benin is undergoing a remarkable transformation, making it a prime investment destination,” Fierens explained.
Adapting to local regulatory frameworks and administrative processes, Julius Berger has refined its operations in the country. With a second project already underway, the company is leveraging its experience to streamline operations and improve efficiency.
“The challenges we faced initially have given us valuable insights. We now understand the market better, and things are improving. Our strict and rigorous processes, rooted in our German origins, have helped us maintain high standards,” Fierens added.
Raising Construction Standards in West Africa
Julius Berger is not just expanding its presence; it is also setting new benchmarks for quality and innovation in Benin’s construction sector.
“We are helping to raise standards in the industry. Our strong reputation has made us a preferred partner for many projects. Now that our latest project is underway, Julius Berger is highly visible in Benin, which gives us a competitive edge in securing future contracts,” Fierens noted.
He also praised Benin’s welcoming business environment and the high-quality local workforce, reinforcing the country’s attractiveness as an investment destination.
Benin’s Structural Transformation and Julius Berger’s Role
Benin’s Minister of Economy and Finance, Romuald Wadagni, underscored the country’s vision for structural economic transformation, driven by world-class infrastructure and key development initiatives.
“This summit is an opportunity to showcase our vision for inclusive, innovative, and sustainable development. Benin is strategically positioned to play a crucial role in regional and international trade,” Wadagni stated.
The Future of Julius Berger in West Africa
With growing investments, strategic partnerships, and an expanding footprint, Julius Berger is positioning itself as a key player in West Africa’s infrastructure and construction industry. The company’s participation in the Choiseul Africa Summit marks a significant step in its regional growth strategy, reinforcing its commitment to sustainable development and economic progress across the region.