Friday 18 March 2016

Obiano Signs 17bn Golf Resort, High-Rise Projects With Pinnacle Solutions (Photos)



Anambra State government has signed another Memorandum of Understanding with another indigenous developer Pinnacle Integrated Expert solution for the development of Golf Resort and high rise buildings in Awka Capital Territory. Governor Willie Obiano signed the MOU at the governor's lodge Amawbia.
The signing of MOU has brought to number twenty five the number of MOU 's signed by the present administration since inception .

Performing the function Governor Obiano said the state is making progress in real estate highlighting some of the estate developers to include Affordable company who is constructing ten thousand housing units, Cardinal Developers constructing a world class hotel in Onitsha, COTAB group, EFAB group, Dozzy group which will construct five thousand housing units, Irish firm among others.

Governor Obiano noted that the project is very important as it will provide for ndi Anambra a place of leisure. Speaking earlier the chairman of ANSSIPPA and the traditional ruler of Umuoji igwe Cyrl Enweze while explaining the terms of the investment said the investment worth seventeen billion naira with the state paying four billion naira while the investor brings thirteen billion naira.

The commissioner for Housing Engineer Frank Offor said it is another landmark achievement in terms of the kind of buildings involved which shows that the state is moving forward and in line with the state government's directive to provide housing for the state citizenry by the year 2017.

The leader of the group Engineer Oduche Azi expressed happiness that they will be part of the progress of taking Anambra to the promise land expressing readiness to commence work as soon as all the papers were signed.

The Managing Director Awka Capital Territory Development Authority ACTDA Mr Mike Okonkwo said seven hundred and sixty five hectares of land have been mapped out for the project which will aid the achievement of the Millennium City Proposed by Governor Obiano.





Source : Nairaland.

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