China To Invest $4 Billion To Boost Housing In Nigeria- China Business Network

Home > Overseas Investment News > China To Invest $4 Billion To Boost Housing In Nigeria

China To Invest $4 Billion To Boost Housing In Nigeria

2014-05-14

Brief：Chinese investors offering the Federal Mortgage Bank of Nigeria $4 billion to boost the nation’s housing sector.

The Nigerian housing sector has become one of the first major beneficiaries of the World Economic Forum on Africa with Chinese investors offering the Federal Mortgage Bank of Nigeria $4 billion to boost the nation’s housing sector.

The Managing Director of the Federal Mortgage Bank, Mr Gimba Yau Kumo who announced the offer in Abuja said that part of the 200-man Chinese delegation would meet with his management team and other relevant government officials for final agreement on the deal.

Mr Kumo said the management of the Federal Mortgage Bank has discussed with the Minister Of Finance, Dr Okonjo-Iweala, with a view to obtain approval of the Federal Government to accept the terms of the Chinese.

www.channelstv.com

Please contact us in case of Copyright Infringement of the photo sourced from the internet, we will remove it within 24 hours.

Tags：China invests africa, China invests Nigeria, China in Nigeria housing market, Africa, financial.

Refer a friend　

Printable version　

Comments

Previous:China's Premier wraps up Africa tour Next:Investments: China eyeing master plan for Greece

Relevant Information

Marketing Activities and Cases

Outback Pioneers: Australian Outback is a promising destination for Chinese

　　Outback Pioneers of Longreach, Australia held a workshop in Beijing on 1, June. CEO of Outback Pioneers, Mr. Richard Kinnon, presented to introduce their services and products,underlining the importance of Chinese market. Outback Pioneers is about getting to the heart of its heritage and helping Chinese visitors unleash their pioneering spirit.