Foreign Investors To Get Better Deals In Abuja -Min

By: Freda Aideyan

The Federal Capital Territory Administration (FCTA), has promised foreign investors that are willing to invest in the nation’s capital, Abuja, to feel free and do so, as better deals await them.

FCT Minister, Barrister Nyesom Wike, gave this assurance in the just concluded Africa International Trade Exhibition meeting in Midtown, New York, United States of America.

The The Minister, who was represented at the meeting by the Minister of State for Federal Capital Territory (FCT), Dr. Mariya Mahmoud, said FCT Administration will always evolve measures that would bring about effective economic programmes and policies that will create conducive business environment for investors.

The Minister listed major areas that the Administration and residents need most to include Agriculture, tourism, infrastructure development, transportation, healthcare, waste management and hospitality industry.

Wike explained that the participation of FCTA in the investment summit has opened up more opportunities for Foreign Direct Investment (FDI) into the Territory.

The Minister said Abuja Investment Company Limited and Abuja Infrastructure Investment Centre will be driving the initiative for easy implementation.

His words: “The Administration’s participation in the investment summit was very important. The summit offers us the opportunity to present the investment opportunities in FCT, and greater opportunity to talk about the potentials in the agricultural sector.”

“It was a platform to call on our people, especially the people in diaspora, to come on board and assist us to tackle the issue of food insecurity, he added.

Wike reiterated, “And then we have tourism, infrastructure development, transportation, healthcare, waste management and hospitality industry. All these are areas that people can come and invest. And we really need collaboration and public partnership because without collaboration, without partnership we cannot achieve what we want to achieve”.

He used the forum to solicit for huge investment in affordable housing; noting that the Administration is poised to improving the socio-economic status of the masses in line with the Renewed Hope Agenda of the present administration.

The summit had a theme: “The imperative of global trade for African SMEs as a game changer for the continent’s future prosperity”.