By Victor Bieni
As part of efforts to boost investments and infrastructural development in the State and promote comparative Cost advantage and keep to a promise on stronger Delta Agenda, the Chairman, Delta State Investment Development Agency, Hon. Paul Nmah has said that the Memorandum of understanding between Delta State Government and Singapore’s World acclaimed International infrastructural Development Agency is to promote strict adherence to Asaba City master plan by developing a new City of Worldclass Standard from the State Capital Territory if when completed.
DIDA Boss disclose this to our reporter in a Telephone conversation, stated that Delta State Government under the leadership of Governor Ifeanyi Okowa is taken giant steps towards the promotion of the State’s Comparative Cost Advantage on investment.
Hon Paul who recently as a visit of the Agency tour the whole State’s business hubs to promote locally driven state investments, place such Asaba Mechanic Village, Ogbeogonogo Modern Market, the State gas plant, industrial parks and others to mention but a few.
The Investment and property expert stated that Governor Ifeanyi Okowa is also doing great by ensuring that the state is investment friendly for foreign investors through strong assurance on Peace and security.
He added that Singapore’s Infrastructural Development Agency Management Leadership, Management, seven Officials who were the delegations has Commended the Delta Government for taken such a giant decisions on partnership with strong assurance of security in Delta State and they are ever ready for more investment in the State, urging others foreign investors to take cue and make use of the available opportunities in Delta State as it is safe for investors.
He noted that the areas to be covered is about 376 kilometer squares land in the implementation of new Asaba master plan and Smart City project Development the master plan will cover will take the whole of or extending to the Boundaries between Delta and Anambra, State, starting from old Onitsha bridge, down to the new Bridge and other areas within that axis, a star project of His Excellency, Governor Ifeanyi Okowa for a stronger Delta Agenda on Public Private Partnership (PPP) structured by DIDA Agency.
The event signing of the MOU today in Singapore was done by the Chairman of DIDA Agency and Executive Assistant to Governor Ifeanyi Okowa on Investments, Hon Paul Nmah, the Director-General of the Agency, Chief Oghene-Omoru, and in company of other Governor’s Economic Team such as the Chief Economic Adviser to the Governor Okowa and Former Delta State Commissioner for Economic Planning, Hon Chief Dr. Kingley Emu and Signed MOU with Giant infrastructural development Company, Meinhardt Singapore pt LTD, a project to bring new City in Asaba Capital Territory.