Anambra state government has signed a $320 million business agreement with a private consortium, for an International market to be sited at Ogbunike in Oyi Local Government Area of the State.
Signing the memorandum at the governor’s lodge at Amawbia, Governor Willie Obiano said the project was in its first phase and would create over 600 jobs and would provide viable outlet for distributing and marketing goods mass produced by the industrial hub in the state.
The governor also shored up the occasion with a gallant entry to sign the $320 million dollar agreement with the consortium for the establishment of a modern market of international status.
in his speech, the Chairman of Anambra State Promotion and Protection Investment Agency, under whose auspices the project was attracted said the market would have a shopping mall, industrial park, educational and medical facilities and entertainment center.
The leader of the team, Mr Obiora Anyaralu and another senior member of the consortium, Dr. Adedeji Ameh, said the second phase of the project would incorporate the establishment of a housing estate.
He further said that the project would assist the governor in achieving his vision towards elevating the state to an enviable height in commerce.
Addressing the august team, the Governor stated that a similar market would be established in Umunze, Orumba South Local Government Area, explaining that the main market with its challenge of old age necessitated the undertaking of the present project.
He assured the gathering of direct job creation to the tune of 600 when the project must have been completed. He put the percentage benefit of the project to the state at five per cent while the local government of domicile gets 25 per cent.
Signatures by all parties involved were appended, thus sealing the deal and expectations are now high that in 42 months, an international trade center must have been built in Ogbunike in Oyi Local Government Area of the state as the state heads for a digital e-commerce stage in trade and business activities.
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