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NIPC to develop business synergy to boost investment


Abuja – The Nigerian Investment Promotion Commission (NIPC) says it will develop a business synergy with the World Trade Centre, Abuja, to facilitate patronage of the centre’s real estate and other services.
This is contained in a statement signed by Mr Joel Attah, NIPC’s Assistant Director and Head of Media and Protocol in Abuja on Friday.
The statement said that Acting Executive Secretary of the commission, Hajiya Ladi Katagum, said this when she visited the centre, which is nearing completion.
“NIPC will develop a business synergy whereby we will connect with the Centre with visiting businessmen, foreign dignitaries and foreign missions and facilitate patronage of the centre’s real estate and other related services,’’ it stated.
It said that the over 1.2 billion dollars centre was a big and magnificent project in the nation’s capital and could be described as “a city within a city’’.
The commission said that the centre was expected to be completed by the end of 2018 but that the first phase would be completed in 2016.
“When fully operational, the centre will have hotel accommodation, apartments, office spaces, standard hospital, shopping mall, sports facility, banks, rail station, among other amenities,’’ it stated.
According to the statement, Mr Vinay Mahtani, Group Chairman of the Church Gate Group, said that the trade centre would set up the Abuja Business Club.
It quoted Mahtani as saying that the centre would also provide services to its members and other 330 World Trade Centres across the globe.
“The NIPC’s mandate of attracting Foreign Direct Investment (FDI) for the economy will be enhanced through its association with the centre and the centre’s global network.
“The centre will offer the commission a physical stand to be located at the premises and will help display her marketing collateral,’’ he said. (NAN)

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