Vitafoam Nigeria (VITAFO.ng) listed on the Nigerian Stock Exchange under the Retail sector has released it’s 2015 annual report.For more information about Vitafoam Nigeria (VITAFO.ng) reports, abridged reports, interim earnings results and earnings presentations, visit the Vitafoam Nigeria (VITAFO.ng) company page on AfricanFinancials.Document: Vitafoam Nigeria (VITAFO.ng) 2015 annual report.Company ProfileVitafoam Nigeria Plc manufactures and sells a range of flexible, reconstituted and rigid foam products in Nigeria. It is the largest foam manufacturing company in the country with an extensive distribution network which includes exporting to other countries in Africa. Vitafoam is a household name in Nigeria and known for its quality products and being a leader in innovation and advanced sleep technology. Mattresses can be custom-made to customers’ requirements using contour cutting equipment. The company also provides foam products for mothers with children including changing mats, baby cot mattresses and feeding pillows. Rigid polyurethane foam manufactured by Vitafoam Nigeria Plc is used in the oil and gas, refrigeration, air-conditioning, poultry and office partitioning sectors. In 200, Vitafoam Nigeria Plc became the first foam manufacturing company in Nigeria to be awarded the NIS 9002 Certificate for its flexible and rigid polyurethane foam, fiber pillows, underlays and adhesives. The company expanded its operations to include Vitafoam Ghana Limited (2008) and Vitafoam Sierra Leone Limited (2009). Vitafoam Nigeria Plc has a major stake in Vono Products and established Vitapur Nigeria which manufactures insulation products; and Vitablom which processes fibre and other material for the upholstery layer. Its company head office is in Lagos, Nigeria. Vitafoam Nigeria Plc is listed on the Nigerian Stock Exchange
with the needs of urban development, the use of land in Fuzhou this year to make a different proportion of adjustment. So, in the commercial use of land supply and residential areas, what is the difference?
in Fuzhou (real estate) city level land supply, the total supply of 20 hectares of commercial land, residential land of 102 hectares.
Chinese land market network recently announced the "Fuzhou 2016 annual state-owned construction land supply plan", according to the plan, the 2016 annual state-owned construction land in Fuzhou city the total supply will be controlled within 500.1973 hectares (about 7503 acres), of which four urban areas for the supply of 387 hectares (about 5805 acres), Mawei District for 113.1973 hectares (about 1698 acres).
in Fuzhou city level land supply, commercial land supply 20 hectares, 102 hectares of residential land (including all kinds of old housing shantytowns land area of 25 hectares, Taoxing housing land area of 75 hectares, other commodity housing land area of 2 hectares).
from the Fuzhou city this year (excluding Mawei District) land supply scale, public management and public service supply of land for the largest proportion, accounting for 40%; while the proportion of residential land has decreased compared to last year, accounting for 26%, and the transportation land tied for second; commercial use and supply only for all the 1/20, ranking fourth.
in addition, this year, Fuzhou four districts to take supplies last year, a decrease of 64%. At the same time, the abolition of residential land security housing, limit the supply of housing land, into the old house, shantytowns and commercial housing sites in order to maintain the stability of the current residential land supply in Fuzhou.
economic development, can not do without a keen eye. Fuzhou, with its own characteristics and to meet the needs of the development of the times, to invest in public management and public services, so that the land resources to maximize the effective use of. We believe that on the road of economic development, Fuzhou will go further in the future.