Written by Austine ELEMUE

FCTA to complete Idu industrial park infrastructure

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. 

FCT minister, Malam Muhammad Bello, gave the assurance at the FCT Day at the just concluded Economic Recovery and Growth Plan, ERGP, Focus Labs held at the Abuja Sheraton Hotel. 

Consequently, the administration team which comprised the permanent secretary, Sir. Christian Ohaa, Executive Secretary FCDA, Engr. Umar Jibrin, Chief of Staff, Bashir Maibornu and other relevant top functionaries, held direct talks with investors in order to address any inter-agency problems that could hinder or slow down investment in the territory. 

Top among the investors was 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 as a major hindrance to prospective investors.

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. 

Major investors in World Health Organisation, certified pharmaceutical manufacturing, liquefied petroleum gas and footwear manufacturing, who all sought for land allocation to set up their industries, were all linked up with the industrial park developer for location of their businesses. 

Bello also directed the Abuja Investment Company Limited, AICL, 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. 

Search

Latest posts

PhotoOkojie retires from public service

Former Executive Secretary of the National Universities Commission, NUC, Prof Julius Okojie, has retired from public service after attaining the ag [...]

12 August 2018

PhotoOkojie retires from public service

Former Executive Secretary of the National Universities Commission, NUC, Prof Julius Okojie, has retired from public service after attaining the ag [...]

12 August 2018