Rivers partners developer in 3000-unit estate

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Illustration of a proposed estate

Plans to prepare for the thousands who’ll descend on the Rivers State capital have begun in earnest, as the Greater Port Harcourt City Development Authority signed a Memorandum of Understanding (MoU) with an investor to build a 3,000-unit housing estate.

About 100 hectares of land has been earmarked for the project that would accommodate various cadres of income earners. The initiative anchored by Messrs Sammya Nigeria Limited, comprises detached duplex, semi detached duplexes, one and two-bedroom block of flats, three-bedroom bungalows and three-bedroom terraces.

The team also reached agreement to sell 500 plots of serviced plots of within the Golf Course Area of the New Greater Port Harcourt City.

The Director of Communications and Marketing, GPHCDA, Adebayo Adeoshun, explained that the arrangement will also accommodate serviced plots of land for High Net Worth Individuals (HNIs) who may be willing to build their individually designed apartments within the New City.

During a signing ceremony at the Authority’s head Office, the Administrator of Greater Port Harcourt City Development Authority, Desmond Akawor, said the 3,000 housing units would spark-off Development in the new city area, in line with the authority’s vision to build a well-planned city to enhance the living standards of the people across every cadre of the social strata.

Akawor also reiterated that the priorities of the Nyesom Wike Administration are to provide quality yet affordable shelter for the citizens.

Also the Board Chairman of the Greater Port Harcourt City Development Authority, Chief Ferdinand Alabraba, commended the company for their expertise in housing development, while stressing that the authority is also willing to partner with other investors to build the new city.

On his part, the Chief Executive Officer of Sammya Nigeria Limited, Mr. Sammy Adigun, said their priority is to deliver quality job on schedule, while he promised to mobilize to site within the next three weeks.

Culled from here

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