Federal Capital Territory (FCT) Minister, Barrister Nyesom Wike, has expressed the FCT Administration’s desire to partner with Daewoo, the South Korean industrial giant, and automobile manufacturer, to explore areas of investment and mutual collaboration.
Wike made this known when he received Daewoo Engineering and Construction Chairman, Jung Won-ju, in his office in Abuja.
The FCT Minister mentioned that during his tenure as the governor of Rivers State, Daewoo operated in Rivers, and he made the situation conducive for their operations. He expressed readiness to do the same in Abuja.
He assured the visiting Daewoo chairman that President Tinubu was interested in improving the economy and removing all bottlenecks hindering business.
“President Tinubu is interested in expanding businesses and has removed every bottleneck that impedes business. In the FCT, we are ready to partner in the areas of automobiles and skills acquisition. We are ready to provide you with land. The present administration wants to open up investments and the economy,” he stated.
Wike told his guest that he believes in concretizing agreements, not just talk shows, because at the end of the day, whatever is achieved from the visit of the top officer of Daewoo should be known.
Wike said, “We are ready to partner. If it’s a 5-star hotel you want to invest in, we will write to your Ambassador so we can concretize it. I will direct the Director of Lands to make land available; we have enough land for you to make your choice.”
Earlier, the Daewoo chairman noted that his country, South Korea, and Nigeria have had good relations over the years. He said his company has planned to invest massively in Nigeria.
Jong Won-ju said they have already visited potential investment sites like the Centenary City, Jabi Lake Mall, and the Transcorp Hotel. He lamented that Abuja has only the Transcorp Hotel as a standard 5-star hotel.
He expressed a strong desire for them to invest in Nigeria. However, Won-ju was not specific on the investment interest for Abuja. He mentioned that they are already involved in oil and gas in Nigeria, similar to their investments in the United States of America, Canada, and Vietnam, where employment is being generated from their investments.
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