Spanish consortium ready to invest in Nigeria
Wed, 10 Sep 2008 14:55
TradeInvestNigeria Staff


A Spanish consortium, FEASAL has expressed an interest to invest in Nigeria.

A FEASAL delegation recently visited the Nigerian Investment Promotion Commission (NIPC) in Abuja to facilitate its proposals.

According to the consortium's spokesman, Fenando Moleon, FEASAL is planning to invest in a number of sectors. He specifically mentioned road construction, hospitals and universities as areas they are eyeing.

The consortium currently has over 5 800 investments in Europe. He added that they are not looking for financial input from the Nigerian Government, only its support and approval.

Director of the NIPC, Dr Ghaji Bello said that the Spanish visitors are welcome to invest in Nigeria and that they should register the company with the Corporate Affairs Commission.

The NIPC has a One Stop Investment Centre that was specifically set-up to quickly and efficiently assist prospective investors.

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