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Delta signs MoU for Asaba commercial city project

The Delta State Government has signed a Memorandum of Understanding (MoU) with development partners to start the construction of the multi-million dollars Delta Commercial City…

The Delta State Government has signed a Memorandum of Understanding (MoU) with development partners to start the construction of the multi-million dollars Delta Commercial City project in Asaba, with Governor Ifeanyi Okowa assuring of government’s commitment to boost infrastructural development in the state.
Speaking yesterday at the signing ceremony, Okowa who said that Deltans were desirous of development, stated that government would provide the enabling environment for infrastructural development to thrive.
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.
Barr. 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 Nigeria Limited signed on behalf of the Development Partners.
 “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.
In his remarks, Mr. Kingsley Emu, Chairman, Steering Committee for the project, said 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, assuring that the project had great economic prospects for the state and the investors.
Messrs Moise Nassogui of D’Arcano Group and Olawole Rhodes-Vivour, Al HUDA Nigeria Limited on their part, said that 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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