Friday, 17 August 2012

FG plans new infrastructure policy to attract investments

                       
Punch August 14, 2012

The Federal Government said on Monday that it would soon unveil an infrastructure master plan that would enable it drive new investments across all sectors of the economy.

The Minister of Trade and Investment, Mr. Olusegun Aganga, said this during a meeting with officials of the Andrade Gutierrez Group in Abuja.

The group was led by Nigeria’s Ambassador to Brazil, Vincent Okoedion; AG’s President for Africa, Mr. Rodrigo da Costa Fonseca; and AG’s new Managing Director for Nigeria, Mr. Amauri Pinha.

The AG Group is one of the largest infrastructure investment company in Brazil. Founded in 1948 as a local company; the group’s asset base in 2010 was $19.23bn, while its turnover was $10.3bn.

It has completed over 650 projects in 38 countries, including the second largest hydro power plant in the world located in Itaipu, Brazil.

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