A foreign investor and president of Allen Le & Partners, International Investment Consulting Company joint shares, Hanoi City, Vietnam, Mr. Allen Le Nam, has announced plans to mobilize other foreign investors and associates to invest billions of dollars in projects in Nigeria.
He made this statement during a visit, together with the president and executive director of Silicon Valley Nigeria Economic Development (SV-KED), Chief Amina Labinjo-Jayi (JP), to the Minister of Development of Solid Minerals, Dr. Dele Alake, in Abuja.
The Federal Government has expressed its delight for the visit of Mr. Nam and praised the chief Labinjo-Ajayi for his efforts to attract foreign investments to Nigeria.
Speaking after the meeting with Mr. Nam and the delegation with SV-Sped, Dr. Alake said that although it was premature to reveal the details of his discussion, he was satisfied with the commitment and the optimist about future developments.
Mr. Nam emphasized the crucial role of the private sector as the cornerstone of the economic development of any country. He expressed the hope that Nigeria someday would emulate countries like Canada and Vietnam. He also praised the hospitality of the Nigerians, stating that he was impressed by the reception he received at the airport and the friendship of the people he found.
“This is my first visit. As for how much to mobilize, I will share the figures later, but it will be in the multimillionaire range that involves my investors, partners and associates.
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“With luck, in five years, the airport will be transformed. If Vietnam visits now, or in the next two years, you will see that several airports of five or six stars are built. Hanoi is already complete and we are preparing for a large inauguration,” he said.
In his comments, the Labinjo-Ajayi chief described Mr. Nam's visit as the fulfillment of a dream, pointing out that his investments are aligned with the renewed hope of President Bola Tinubu.
“They come to invest a lot under the renewed agenda of hope of President Bola Tinubu. My brother, like this Waju Tinubu, is doing everything in his power. He is now focused on the private sector. I also belong to the private sector. We cannot depend solely on the government; the private sector must boost growth,” he said.
The executive director of Allen Le & Partners, Mr. Kingsley Bede Onyeocha, declared that the Mission of the Delegation is to support the growth of Nigeria.
He highlighted the vast potential of the country, the abundant human capital and the rich mineral resources.
“Everything has been impressive so far. Since our arrival at the airport, we experience a warm welcome. There have been notable improvements since my last visit,” he said.
“Now there is a railway line that connects to the city, something I had not seen before. Beyond that, everything has been very positive. We have met incredible people and we are excited to be here. I am here with my partner, Mr. Allen, and this is Mama D, who is helping us to address the earth.
“We are here to explore how we can contribute to the development of Nigeria. That is our main objective. Nigeria has a capable and hardworking population. What is needed now is the right direction.
“We have identified several properties with the development potential and existing infrastructure that can be improved. Our goal is to invest and contribute to build what already exists. Nigeria has human capital, it only needs the right direction.”
Nigerian tribe