· DTSG Signs MoU with
development partners
Delta
State Government on Monday, [27-06-16] signed a Memorandum of Understanding
[MoU] with Development Partners to set the stage for the construction of the
Delta Commercial City project in Asaba even as Governor Ifeanyi
Okowa assures of government’s commitment to boost infrastructural
development in the state.
Speaking
during the signing ceremony, Okowa who said that Deltans were desirous of development
said his government would provide the enabling environment for infrastructural
development to thrive.
Governor Okowa with President of D'Arcano, sergio D'Arcano and the company's managing director, Noise Massogvi at the MOU signing in Government House, Asaba. |
He
stressed that the Delta Commercial City would not only provide employment for
the people of the state but also bring development to the state.
Chief
Ovie Agas, Secretary To The State Government, signed the MoU on behalf of the
state government and witnessed by Governor Okowa along with other members of
the state Executive Council, while Messrs. Moise Nassogui of D’Arcano Group and
Olawole Rhodes-Vivour, Al HUDA Nig. Limited signed on behalf of the Development
Partners.
Governor Okowa with Mr. Olawale Rhodes-Vivour, Al Huda at the MoU signing also in Asaba. |
“The
process of the Memorandum of Understanding [MoU] is heart-warming as everyone
is eager to get the project started, Deltans are eager to see development in
the state, we are convinced the time for the Delta Commercial City is now, as
we are building a city for the future today.”, the governor said, adding: “I
want to assure you of government’s commitment and support to enable the project
spring up as soon as possible, government will provide all the enabling
environment especially security for the project to thrive”.
Okowa
assured the Development Partners that the project “is an economic plus as it is
located in a prime area and will attract a lot of businesses,” pointing out
that the economic gains to both the state and its Development partners can’t be
quantified.
In his
remarks, Mr. Kingsley Emu, Chairman, Steering Committee for the project, said
that with the signing of the MoU, the process to kick start the development of
the project would be activated and the Special Project Vehicle [SPV] would be
put in place.
He
assured that the project worth several millions of dollars has great economic
prospects for the state and investors.
Messrs.
Moise Nassogui of D’Arcano Group and Olawole Rhodes-Vivour, Al HUDA Nig.
Limited on their part, said the Delta Commercial City was a project which would
pivot the development of the state promising due diligence in the delivery of
this project.
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