Business Dutch Businessmen to Pump 10 Billion Euros into Nigeria's Economy



The Nigerian economy is about to receive a boost as Dutch investors have concluded plans to invest over 10 billion Euros into the country.

The potential investors, it was gathered, will disclose areas to channel their investments at the forthcoming Nigerian-Netherlands economic forum, scheduled for September 15-17, 2014 in The Hague, Netherlands.

The event is being organised by The Netherlands-African Business Council (NABC) in collaboration with Kleef & VTS Nigeria, under a private sector initiative, Homestring says.

"The Dutch are major investors in foreign countries and their foreign business investments abroad which is in excess of about USD160 billion, is three times the level of foreign investment in the Netherlands,"
a statement issued in Abuja by the NABC Chapter President in Nigeria, Chief Cliff Ogbede says.

"We have received commitment from over 145 Dutch investors who are interested in the following sectors: security, education, oil and gas, renewable energy, agribusiness, consumer goods market, health care, finance and banking, telecommunication/ICT, and public private partnership.

"They are also interested in water resources, real estate/housing gap, aviation development and tourism and from the available statistics, we are targeting investible outflow of about 5 billion Euros from that Forum, based on proposals so far received from the investors." In addition, he said the forum would provide a veritable platform that would give insights towards the achievements of the transformation agenda of the federal government and enlighten the participants on the future outlook of Nigeria in terms of growth and stability." it added.

#Nigeria #Economy #Dutch #Netherland #NABC


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