Wednesday, 12 December 2012

Nigeria'sWorld Trade Centre to open in Abuja


The Minister of the Federal Capital Territory, Senator Bala Mohammed has that the World Trade Centre, currently under construction in Abuja, will open next year. The gigantic structure, which will be one of the biggest buildings in Africa is a partnership between the FCT Administration and the Churchgate Group. 

The Minister said this during an inspection round the construction site, together with the media and members of the civil society, on day 3 of the Good Governance Tour. 

He said that the project was a practical demonstration of the administration's drive to attract foreign investment to the country. When completed, the building which shall contain office accommodation, entertainment and recreational facilities, world-class conference centre, shopping malls, serviced apartments among others, will be one of the tallest edifices on the African continent. 

The Minister said the only contribution of the FCT Administration to the existing Public-Private Partnership under which the construction was taking place was to provide the land. 

Also speaking during the tour, the Minister of Information, Mr Labaran Maku, said that the project is a milestone in the drive of the present administration to advance development in the FCT. He called upon the media to sustain the promotion of awareness on the strides of development of Government. In doing so, he said, foreign investments which shall be beneficial will be attracted to Nigeria. 

He disclosed the total cost of the project which sits on 62, 000 square meters of land and shall consist of 2 towers of 37 floors and 3 basement levels each and is currently providing employment for about a thousand people at the site at $1.2bn

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