CROSS River State looks set to revolutionise the Nigerian housing market after it entered into an agreement with Irish property developer Affordable Building Concept International to construct 5,000 units across the state.
Yesterday, a delegation from the Irish company met with Governor Ben Ayade in Calabar to finalise the deal, barely two weeks after he led a trade delegation to the Republic of Ireland to commence talks. Christian Ita, the chief press secretary to the governor, said modalities had been worked out between the state government and the company to build affordable houses in its effort to develop new cities.
While receiving the Irish delegation, Governor Ayade described them as specialists in affordable housing schemes. He explained that the company's presence was a follow-up to an earlier discussion in Dublin on plans by his administration to provide affordable but comfortable shelter for the poor and unemployed.
Governor Ayade said: “There is no amount of value you can give to mankind that will compensate for the lack of shelter. These investors will come with their technology and expertise and set up a factory where low-cost housing will be designed off site and the houses set up in less than three days.”
He added that the houses would be in three categories to cater for the needs of the people, who will key into the ambition of the government to create a new city in each of the local governments while that of Calabar will be called Calas Vegas. Governor Ayade said they would be mindful of the natural endowment of the environment where the houses would be located.
Desmond Cullinane, the chairman of Affordable Building Concept International, said he hoped that they would achieve some measure of success in the state. His team later visited Summit Hills, where UAC is building a housing estate of various categories, known as the Golf Estate.
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