Leadership (Abuja)

Nigeria: FCTA Signs MoU With Chinese Firm On Mass Housing, Infrastructure

Catherine Agbo

18 October 2009


Abuja — Baring any unforeseen circumstances, infrastructure, mass housing and power generation would improve in the Federal Capital Territory as the FCT administration has entered into an agreement with a Chinese firm, Chinese Global Group Corporation (CGGC) to provide these services within the territory.

Managing Director of Abuja Investment Company Limited (AICL), Dr. Abdul Mukta who represented the administration at the signing, also disclosed that the Federal Executive Council (FEC) had last week, approved the mass housing guideline submitted by the FCT Minister which according to him, would allow for immediate take off of the mass housing project.

He explained that previous attempts by the FCT administration to go into mass housing met all kinds of obstacles following which the FCT Minister decided to present the guideline to FEC with the view to inject sanity into the system as well as ensure quality control of mass housing in the FCT.

"According to the recently approved mass housing guidelines only reputable developers would be engaged while FCT administration is committed to providing infrastructure. Some of the excuses that the developers have been putting for low quality of housing have to do with where they have to provide infrastructure themselves but the FCT Minister has made it clear that infrastructure would be provided for them," he said.

Dr. Muktar revealed that the AICL had already applied for a land allocation before the Minister for the project, noting that the Minister has given his words to entertain the application as soon as possible, assuring the Chinese firm of the readiness and cooperation of AICL to ensure that the MoU signed materialises.

Head, Government Relations of CGGC, Mohammed Mustapha, explained that the company was invited to Nigeria in 2005 by the former President Olusegun Obasanjo after seeing the world hydro power project the company executed in China. He added that the company has a lot of experience in city planning, real estate and infrastructural development and that is currently executing Libya's largest housing project of 10,000 housing units worth $1 billion.

Managing Director of CGGC, Feng Jun, said the company was interested in bringing its vast experience in city planning, real estate development and hydro power system as well as its financial strength to Abuja in partnership with the Abuja Investment Company Limited.

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