Anambra signs N4bn Housing Unit project with Rotech Company

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THE Anambra State Government has signed a Memorandum of Understanding, MoU, with Rotech Energy Services Ltd.

The MoU, which would cost N4.25 billion, was for the construction of 500 Housing Units at Nkwelle Ezunaka, Oyi Local Government Area.

The housing units, which include schools, hospitals and others, would occupy 50 hectares of land.

Signing for the State Government, Gov. Willie Obiano said his administration was committed to embarking on more housing schemes to reduce the accommodation challenges faced by citizens of the state.

Obiano stressed that the work would also stimulate economic development by creating numerous job opportunities for the citizens.

He affirmed that the host community would benefit from the project through a Corporate Social Responsibility programme.

The managing director, Anambra State Investment Promotion and Protection Agency, ANSIPPA, Jide Ikeakor, said that the investment would improve government’s Internally Generated Revenue.

Commissioner for Housing and Urban Development, Mike Okonkwo, said the project was part of government’s efforts at implementing strategic housing objectives to benefit Ndi Anambra.

The director of the firm, Austin Oguejiofor, noted that the job, which would boost development in the sector, would be completed over the next 30 months.

“Not less than 500 Plots of land will be carved out from 50 hectares of land earmarked for the project.

“About 20 percent of these plots will be fully developed with the construction of 4 & 5 Bedrooms fully detached duplexes by ROTECH.

“The remaining 80 percent will be serviced plots with very high level of infrastructure provision with amenities.

“The amenities include Fire Service Station, Police Station, Schools, Worship Centres, Hospitals and Recreational Parks,’’ Oguejiofor said.

– July 5, 2019 @ 19:39 GMT |

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