A
multi-billion naira ultra-modern spare parts and automobile centre would soon
be constructed in the Greater Port Harcourt City, Rivers State. This followed
the
Memorandum of Understanding (MoU) signed by the Greater Port Harcourt City
Development Authority (GPHCDA) and Global lnterstroy Limited of Russia.
Speaking at
the GPHCDA Corporate Office, the Board Chairman, Chief Ferdinand Alabraba, said
the N30billion project located at lriebe along the Port Harcourt-Aba
Expressway, would be a Private Public Partnership (PPP).
He said the
infrastructure would have facilities as dedicated power supply, water and
sewage treatment plants and Close Circuit Television (CCTV).Alabraba explained
that the project, expected to be completed within 18 months, would include
8,000 shops, scrap crushing plant, police post, restaurant, clinic and car
parking lots.
He added that
on completion, the spare parts traders located at lkoku and Elekahia areas and
others scattered within the Port Harcourt metropolis, would be relocated to the
new market.
The
Administrator of Greater Port Harcourt, Ambassador Desmond Akawor explained
that the project was part of the campaign promises of the Rivers State
Governor, Nyesom Ezenwo Wike.
He said when
completed, the project would decongest the old Port Harcourt City and give the
residents a breath of fresh air. Akawor added that the ultra-modern spare parts
and automobile market would provide employment for the teeming youth and boost
the economy of the state.
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