Imo Signs MOA to flag off 5,000 Housing Units

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Imo State Government has  commenced the building of a 5000 housing units in the state for low income earners

 

To actualize and facilitate the project, the state government  Wednesday, signed a Memorandum of Agreement (MOA) with a private developer,  the Contemporary Architecture Ltd  to flag off the construction  of the  Housing Units

 

According to the State Commissioner for Budget, Economic Planning and Statistics-Dr. C.C Osuala, the first phase of the project would commence with the construction  of 1,000 Housing Units

 

He however said  ” the target of 5,000 housing units  is expected to be achieved in no distance time ”

 

Osuala who disclosed this to newsmen in his office said ”   the state government would provide land for the project and also broker a cordial and amiable relationship that would facilitate the acquisition of some hectares of land for the take off of the project around the Otammirri river in Owerri, the state capital.”

 

The Commissioner commended the firm for keying into the government’s mantra of Rehabilitation Reconstruction and Recovery (3Rs), even as he expressed optimism that the project when completed, would provide affordable Houses for indigenes of the state, boasting that the state government is working assiduously to attract other ventures to the state.

 

Earlier in his remarks, the Managing Director of Contemporary Architecture Ltd Arc. Fitzgerald Umah disclosed that the Company is already in collaboration with a United States based Energy Power Company and Manufacturers of Hydro Energy Equipment  Ocean Renewable Power Company to ensure steady power supply in the state’s proposed Housing Estate under the Nigeria Otamiri River ORPC Project.

 

Umah added that the Company which is coming to handle power project in Africa and Nigeria for the first time is expected to extend its coverage of Electricity supply to the state secretariat, markets and communities along the river area where the project would be sited.

 

This, he said is not only to ensure a sustainable power supply in the areas but also to address  the issue of incessant and epileptic power supply which has become a perennial challenge to the nation.