Vice President Goodluck Jonathan has said the country needs foreign investment to realise Vision 20:20.

He equally  reiterated the readiness of the Federal government to partner with foreign investors in the nation's march towards the attainment of the Vision 20-2020 goal.

He stated this yesterday while receiving  a delegation of government officials from the Land and Housing Corporation of the Republic of Korea, as well as other private corporate investors led by Philip Yun who paid a courtesy visit to the State House, Presidential Villa, Abuja.

Dr. Jonathan said the country required foreign direct investments to grow critical sectors of the economy as government cannot drive development alone.

He said that having led several Nigerian delegations on investment drives abroad, it was a good development to have the Korean experts in the country for investment talks.

 "We want to accelerate the growth rate of our economy towards our Vision 2020 target and we need foreign direct investment in various sectors of our economy.

We will examine areas where both countries can cooperate," the VP said.

While promising to brief the President on their visit, the VP said the Korean investors should hold further discussions with the Ministries of the Niger Delta and Works and Housing where areas of mutual interests can be explored.

The Minister of Niger Delta Affairs, Ufot Ekaette, said his ministry had been briefed by the Korean investors on their new town development initiatives in African countries like Angola and Libya , and expressed willingness to partner with them on Niger Delta coastal areas development.

The Works and Housing Minister, Hassan Lawal, said his ministry has concluded plans to mobilise officials of the Federal Housing Authority and the Federal Mortgage Banks for talks with the Korean investors.