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Thursday, 22 June 2017

Niger, Italian firm to build N8bn houses

Enyioha Opara, Minna

DETERMINED to reduce accommodation problems in Niger State, the state government on Thursday signed a Memorandum of Understanding with an Italian firm, Italworks Nigeria Limited, for the construction of 1,000 housing units in the state.

The project, which is valued at N8bn ($25m), already has more than 3,000 off takers bidding for the purchase of the 1,000 units of the two and three-bedroommed detached bungalows to be constructed.

The arrangement is under Public Private Partnership scheme and the government is expected to provide 91 hectares of residential land along the Minna-Abuja Expressway in Paikoro Local Government Area, while Italworks Nigeria Limited is to fund the project.

The Managing Director of the Italian firm, Gaetano Crisa, said the project, which would commence by July this year, would create employment opportunities for thousands of youths in the state and enhance business activities at the state’s building material market.

Crisa, who also disclosed that his company had executed 10 projects successfully in Nigeria, added that it would bring in Italian engineers and architects to ensure the construction of quality and affordable houses in record time as speficied in the MoU.

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