Greater PH Unveils Commercial Layout …Investors To Get C Of O

Perm Sect Ministry of Tansport Mr, Nuka Nwikpasi (left) lislering to consullant Mr. Jude Ndubusi during a stakeholders meeting of Transport Company and the Ministry on frid;;ay 31st Oct, 2014 and Rivers State Secretariat Complex Port Harcourt. Photo: Nwiueh Donatus Ken

Rivers State Government has called on prospective corporate and institutional clients to take advantage of the commercial layouts earmarked by Greater Port Harcourt City Authority. The areas have been designated as Light Commercial Area and Central City District.
The Administrator of the Greater Port Harcourt City Development Authority (GPHCDA) Dame Aleruchi Cookey-Gam stated this during the official presentation of the opportunities in Commercial layout of the city at the Hotel Presidential, in Port Harcourt   recently.
She stressed the need for public-private sector partnership in the development of the new city saying “the new city project attracts good return on investment because of the unique selling points.
She said the selling points would include “the issuance of Certificate of Occupancy and title document within 45 days of receipt of application, 10 per cent discount for early bids; granting of planning approval within 30 days of receipt of application; protection from multiple taxation and installment payment for mega investors”.
“Investors with green project will be supported by the Authority and land swap for strategic investors and blue chips companies interested in extensive investment in the new city”, she added.
Dame Cookey-Gam called on investors to take advantage of the offer, adding that the Authority had developed nodes like the New Industrial Area in Eleme, Education layout in Elikpokpodu/Mbodo Aluu, the Golf course, estate and Resorts in Omagwa, Low Density residential Area, Light Commercial and city Central District in Igwurutali and Igwuruta.
According to her, the Authority will not compromise quality standards and strict compliance in implementing the master plan which is one of the reason for the phased development.
Speaking at the ceremony, the President of Nigerian Institute of Town Planners, Steve Onu noted that the establishment of the Greater Port Harcourt City by the Rivers State Government was a timely response to the need to create, control and manage the urban environment to avoid the flaws of the previous master plans.
In their separate speeches, the Chairman of GPHCDA board, Arc. Tonye Cole and the Chairman of the GPHCDA Board Committee on Investment and Brand Marketing, Sir Godfrey Ohuabunwa stated that the dream of a new city in Port Harcourt was long over-due because of multiple increase in population, inadequate infrastructure and unstructured development.