FCTA woos Bangladesh investors to  Pharmaceutical, other sectors

By Hudu Yakubu, Abuja 

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The Federal Capital Territory Administration, FCTA, in Nigeria has hinted that it is expecting deep pockets investors from Bangladesh in the areas of agricultural, pharmaceutical, green project, among others, in the nation’s capital city to boost the economy of the territory.

This was disclosed by the FCT Permanent Secretary, Mr. Olusade Adesola during a visit by the High Commissioner of the People’s Republic of Bangladesh, His Excellency, Mr. Masudur Rahman to the FCT Permanent Secretary in Abuja.

While receiving the visiting High Commissioner, Mr Adesola also revealed that, FCT provides one of the best investment opportunities for investors; given the city’s good infrastructure, combined with its massive population, which makes Abuja a preferred destination for investors.

He added that, Nigeria and Bangladesh had enjoyed robust bilateral relations since the establishment of the diplomatic affairs between both countries in 1972.

Adesola disclosed further that both Nigeria and Bangladesh share similar values and ideals as members of the United Nations, on-Aligned Movement, the D-8 Group, respectively.

The Permanent Secretary listed areas of investments in the territory potential investors can take advantage of to include; the Abuja Rail Mass Transit System, pharmaceutical, waste management, mass housing, tourism, agriculture, human capacity development, ICT, among others.

The Bangladesh High Commissioner, Mr Masudur Mahman, assured the Permanent Secretary that Bangladesh investors are willing to bring massive investments in the areas of agriculture, pharmaceutical, green project and textile industry to FCT.

Mr. Rahman further remarked that Bangladesh Government will always welcome initiative that can boost the relationship between the People’s Republic of Bangladesh and the FCT Administration.

Explaining the interventions of Bangladesh towards ensuring peace and stability across the world, the Ambassador revealed that presently Bangladesh is the highest contributor of peace keeping operations in the world.

He Added that in keeping with its defence pact with Nigeria, Bangladesh Government had trained over 200 Nigerians military graduates.

In order to further deepen the relationship between both countries, Mr. Rahman appealed to FCT Administration to name a street in Abuja after the founding father of Bangladesh, Sheikh Mujibur Rahman.



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