Business
RSG Partners Korean Govt On New City Dev
The investment drive of the Rivers State Government is already yielding positive results, as the Republic of Korea has expressed readiness to collaborate with the state government in the development of infrastructure for the Greater Port Harcourt City.
This follows a commitment made by the Korean Ambassador to Nigeria, Noh Kyu Duke during an official working visit to the Administrator of Greater Port Harcourt City Development Authority, Ambassador Desmond Akawor, yesterday.
The meeting afforded both teams the opportunity to explore investment possibilities, especially in the new city development.
Speaking at the meeting, Duke hinted that the partnership will lead to the delivery of sustainable economic development in the areas of power, transport and logistics as well as housing for job creation.
The Korean ambassador thanked the administrator for the hard work the authority was doing to ensure that World-class infrastructure facilities are in place at the new city, and added that the Korean Government was ready to support the realisation of the dreams of the new city.
In his remarks, Akawor reassured the Korean delegation of the state government’s willingness to partner with investors in developing Rivers State.
He added that the Greater Port Harcourt City Development Authority (GPHCDA) has the mandate of building a new city with modern infrastructure, to decongest the old city of Port Harcourt.
Akawor said that the achievement of the objective will facilitate the improvement in the living standards of people, and thanked the ambassador for the preparedness of the Korean Government to partner Rivers State Government to improve infrastructure in the state.