Nigeria investment destination of choice, its best is now – Frank Mosier
The chairman of Rendeavour, Africa’s largest urban land developer, Mr. Frank Mosier, has said that Nigeria is an investment destination that no serious African investor can ignore.
He spoke at the Nigeria-US Business and Investment Forum in New York attended by senior government officials along with Nigerian private sector and American investors to discuss ease of doing business and foreign investment.
Rendeavour is currently investing over $250 million on infrastructure in Jigna, a mixed-use development in Abuja with thousands of homes, offices and shops, as well as schools and medical facilities.
“Building a 20-year real estate and infrastructure investment like Jigna in Abuja or Lekki City in Lagos naturally has its challenges, but with the support of government, we can ensure that all due process is followed to avoid frustration of foreign investors,” Mosier said.
According to him, Jigna is expected to catalyse an estimated $1 billion of additional investment in Abuja, and create tens of thousands of jobs. (Daily Trust)
