6 September 2017, 13:27
Nigeria BuildExpo, International Construction and Building Materials Exhibition, will be held 02 - 04 November 2017 in Nigeria, Lagos. Growing sector potential looks for international investors in this exhibition.
INVESTMENTS AND NEW PROTOCOLS OF NIGERIA GOVERNMENT SUPPORT THE SECTOR
Nigeria is in the countries that have big development rate. Nigeria government supports the all investment. Building and construction sector one of the most developing sectors in the country. According to National Bureau of Statistics (NBS), annual growth in the construction sector is 13 %. The main reason of this growth relays on 2020 and 2043 master plans of the state. According to these plans, infrastructure investments, renewable energy, housing projects, production facilities, health and education complexes will be finalized until 2043 and these entire projects positively affect national construction sector. Nigeria already makes import around 85 % in construction and building sector and projects in master plans make the demand continuous and in 25 years import for machine, material etc. sector products will continuous and grow.
Government runs special protocol for foreign investments. Thank to this application, foreign investments come to state more easily and continuous their business more effective way.
EKO ATLANTIC CITY WILL BE RIVAL TO DUBAI
Eko Atlantic City is placed near the top in the Nigeria building and housing sector investment. Eko Atlantic City is a metropolis aims to offer house for 250.000 people, work place for 150.000 people. It will be built on 9 million sqm land and it will be protected by 10 km seawall. Eko Atlantic is supported by local banks such as First Bank, FCMB, Access Bank PLC, GT Bank and international banks such as Paribas Fortis ve KBC. This mega city is in the best example of economical developments in the Africa continent. This project will change not only Nigeria but also countries in sub-Saharan Africa. Eko Atlantic is seen as rival to Dubai with this feature of the project.
CHANCE TO TAKE PART IN NIGERIA MARKET IS IN BUILDEXPO
Potential of Nigeria is growing year by year and BuildExpo gives opportunity to take part in this growing market. Last year, BuildExpo hosted 72 attendees from 12 different countries and was visited by 3200 local and international visitors. State officers, local governments, sector representatives and pioneer business people visited the attendees in their booths and sectorial meeting was arranged during the exhibition. Both promotions of sector and ways of international collaboration are main gaining of the exhibition.
If you want to take part in Nigeria and Africa market that have big growing potential, expand your business, BuildExpo is waiting you 02 -04 November in Lagos. Time is running out to reserve your booth in the exhibition.
Source: Elan Expo, NIGERIA BUILD EXPO