Business International News

Nigeria’s New World Trade Centre to Open Soon

by Marie Kauna – EMTV Online, Port Moresby

Nigeria’s new World Trade Centre is nearing completion, with plans in place to have the project open to the public by 2016.

Covering six million square feet in the central business area of the capital, Abuja, it will be the largest development in West Africa.

The development is now the fourth largest urban area in Nigeria, with the centre to offer easy access to the city centre and airport.

While construction is nearing completion, the country, which has attracted the largest amount of foreign investment capital since 2007, is set to gain international reputation from the development of this World Trade Centre.

According to Adekunle Salau, Ernst & Young Advisory Leader for West Africa, “there is no doubt that Abuja and Lagos will benefit tremendously from high end commercial and residential real estates.”         

In addition, Lagos-based developer Churchgate Group’s CEO, Vinay Mahtani, says “One of the missions of World Trade Centre Abuja is to improve trade relations between Nigeria and the rest of the world.”

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