FG’s N1trn real estate fund’ll trigger investment opportunities

newsheadlines.com.ng

Jun 14, 2017 9:29 AM

THE Chairman of Chemical and Allied Products, CAP, Plc, Mr. Larry Ettah, has said that the plan by the Federal Government to roll out N1 trillion real estate fund as part of efforts to develop the infrastructure base of the nation will trigger investment opportunities in the industrial goods sector of the economy.

Ettah who stated this at the company’s Annual General Meeting, AGM, in Lagos, said the plan by the government to commit 31 per cent of the 2017 budget capital expenditure would also boost activity in the building materials, construction and real estate sectors.

He noted that CAP Plc was positioning to leverage on the opportunities proffered by the 2017 budget for the real estate sector to drive growth, adding, “We will be future-proofing our business by focusing on innovation and expanding local product offerings. We will also pilot colour advisory…

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