NHTIC target $20b investment into Hotel, tourism sector
The organizers of the Nigerian Hotel and Tourism Investment Conference, NHTIC 2015 holding from 25th -27th of November at the Intercontinental Hotel, Lagos has disclosed that their target is to attract over $20billion worth of investment into the country’s tourism and hospitality industry in the next few years.
This coming just as all arrangements have concluded for the second annual Nigerian Hotel and Tourism Investment Conference 2015 holding from 25th -27th of November at the Intercontinental Hotel, Lagos.
Speaking at a press conference in Lagos to brief the media on developments that have taken since the first briefing in Lagos, Brian Efa, managing partner of Jonel Hospitality Consulting said for now 15 foreign participants have confirmed participation at the event.
Mr Efa disclosed that out of the 15 participants, 10 are coming from South Africa, 4 from Europe and one from United States.
He said the event will declared open by the Lagos state governor Akinwumi Ambode.
He said the Nigerian Hotel and Tourism Investment Conference is working in conjunction with the Nigerian Investment Promotion Council and the Fderal Ministry of Culture, Tourism and National Orientation, to attract investment into the country.
Efa stated further that they organizers will also be bringing company from abroad to help facilitate on single digit financing to help the Nigerian investors.
Efa stated that the conference with the theme, Nigerian Tourism Industry, catalyst for Economic Diversification is aimed at growing the industry and create employment.
Managing partner of Jonel Hospitality Consulting said this year event is going to be bigger than last year with more foreign participation.
He based on demands, 10 exhibition stands have been created for some of the participants to exhibit.
According to him, the event will feature different breakout sessions, while there would be a speed networking which will allow delegates to meet each other, exchange business cards and move on to meet the next person on Wednesday 2th November.
The three day event is aimed at bringing international hotel and regional industry experts together to discuss and debate the changing landscape and to help identify intelligent and targeted investment opportunities in the country.
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