Investing in Abuja
The strategic location of the nation’s capital as well as on-going large-scale development activities makes it a fertile ground for investment. The development of Abuja constitutes an economic resource of unimaginable magnitude when the expected demand for services is considered together with the necessary infrastructural facilities that would have to be provided to make the city run efficiently
The Ministry of the Federal Capital Territory through the Abuja Investment and Property Development Company (AIPDC) has through the build, operate and transfer scheme entered into an agreement with four private companies for the development of markets in the territory, while four multi~level car parks’ development have also commenced.
Interested investors are to liaise with the AIPDC to work out modalities for hitch-free operation. Areas of investment are listed Below:
INDUSTRIAL AND REAL ESTATE
In a bid to encourage rapid industrial development of the FCT the government has introduced a number of incentive packages among which is the removal of bureaucratic bottlenecks normally associated with land allocation.
In addition, the MFCT has made provision for development of light, medium and heavy industries at Idu industrial park I, II and III, Gaube and Gwagwalada Industrial parks.
The FCT besides its good climate condition, is endowed with various solid mineral deposits, which are of high quality and have the potential for both domestic and export markets.
The FCT Administration is making efforts to create a conducive environment for local and foreign investors to export the abundant economic resources of the new Capital Territory. Some of these solid minerals can be found in the following areas within the Territory: MARBLE, MICA, SAND/CERAMIC CLAY, WORLFRAMITE AND TANTALITE, IRON, SAND, TIN,LEAD, BUILDING AND CRUSHED STONES.
Invitation for Pre-qualification for the Procurement Of Associated Fertilizers by the Federal Capital Territory Administration and Expression of Interest in the Privatization of FCT Mini-Abattoirs.
Abuja has a stable economy, one suitable for investments, with a GDP of $8.7 Billion