FCTA Assures Investors Of Speedy Completion Of Idu Industrial Park Phase 2

As part of efforts towards the restoration of the Nigerian Economy and making it globally competitive, the Federal Capital Territory Administration has assured investors of its determination to ensure early completion of the Industrial Park phase 2 at Idu and make it ready for use by local and foreign investors.

The FCT Minister, Malam Muhammad Musa Bello gave the assurance, at the FCT Day of the Economic Recovery and Growth Plan (ERGP) Focus Labs holding at the Abuja Sheraton Hotel.

Top among the investors is Zeberced, a Turkish investment giant that is presently constructing the second phase of the Idu Industrial Park. The 245-hectare Park is expected to provide over 170 industrial plots of land for various categories of investors from manufacturing to retail marketing as well as create thousands of jobs.

The discussions identified the uncompleted access road to the Park as a major hindrance to prospective investors.

The FCT Minister and the State Minister for Budget and National Planning, Zainab Ahmed, agreed to work together to mobilise funding for the completion of the road.

He also directed the Abuja Investment Company to facilitate all the linkages and ensure that investors who have also expressed interest in the Abuja Technology Village (ATV) were also provided with necessary support and guidance.

By: Remi Johnson/Abuja

Leave a Reply

COVID-19 UPDATES

COVID-19 is Real! Wear your masks always & wash your hands, too.