ABUJA – The FCT Administration (FCTA) in partnership with private investors had commenced the development of an Ultra-Modern Jabi Lake Resort, Phase ll, estimated to cost N334 billion.
“The Federal Government has invested a lot on the development of the FCT.
“The time has come for the FCTA to create institutions and structures in terms of legal framework to encourage private investors in developing the city,” he said.
According to him, the crop of leadership in FCTA is determined to set standards and benchmark for the betterment of FCT residents without necessarily recourse to government funding.
The minister urged the forum to use its contacts across the globe to woo investors to come and invest in Abuja.
“ Federal Government is presently considering collaboration and partnership with competent private investors to complete the multi billion naira landmark project,” Mohammed said.
Siasia said that the partnership would enable the forum bring about the much needed development into the country. (NAN