Wednesday, 15 August 2012

Federal Government to Unveil Infrastructure Master Plan To Drive New Investments

The Federal Government will soon come up with an infrastructure master plan that will drive new investments in projects across all sectors of the Nigerian economy.

Speaking during a meeting with one of Brazil’s largest infrastructure investment company, Minister of Trade and Investment, Olusegun Aganga, explained that the Master Plan, which is currently being worked upon by the Ministries of National Planning, Trade and Investment, and the Infrastructure Concession Regulatory Commission, would be completed before the end of this year, adding that it would `help the country to focus on attracting investors for key infrastructure projects.

Nigeria’s Ambassador to Brazil, Ambassador, Vincent Okoedion, said the growing interest by leading Brazilian companies to invest in Nigeria will allow local businesses to access funds from Brazil’s bank for economic and social development acclaimed to be the biggest global lender.

 The company’s President for Africa, Rodrigo da Costa Fonseca, as saying that while they are looking to invest in key infrastructure projects in Nigeria, plans have been concluded to set up office in the country because of her strategic position to the company’s future.

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