ANAMBRA State Government has said that it had concluded plans with Anambra JC Michaels Nigerial Limited under a public private partnership arrangement to build state of the art ultra modern international market.
The market with 10,000 shops capacity estimated to cost about N47B and occupying a land space of about 20.8 hectres at Isiagu, Awka-South Local Government Area.
Speaking during the inspection of the project site to monitor the extent of work, the governor of Anambra State, Chief Willie Obiano described it as a market of tomorrow capable of further improving the commercial profile and strengthen the economy of the state.
Chief Obiano said on completion, the market would be first of its kind in Sub-Sahara Africa with prospensity to have modern facilities like internet connectivity, access roads, hospitals, schools, banks, flyovers and basement.
Governor Obiano, who was represented by the Secretary to the State Government, Prof. Solo Chukwulobelu and the Chief of Staff to the Governor, Chief Primus Odili, stated that locating the market away from Awka was strategic to decongest the Awka town and ease traffic.
He assured that the state government would play her role by putting access roads to the project site, adding that with the presence of a financier, the market would be completed at due time.
Earlier in his welcome speech, the Chairman, Anambra JC Michael Nigeria Limited, Jude Amuzie explained that the Ultra Modern Market, was designed to provide unique features in making market transactions easier and faster under conducive atmosphere.
Chief Amuzie disclosed that the market structure would be completed in phases, explaining that 17 buildings with 120 lock-up shops each would be ready for use by April, 2021.
Chief Amuzie praised the Governor of the State, Chief Obiano for reposing confidence on Anambra JC Michaels and assured that state government’s dream for better economic prospect for the state through modern market would be actualized.
Mr. Anayo Nwosu, who spoke on behalf of the management of Keystone Bank Plc (The financier) descried the ultra modern market as the gateway to other projects that would promote the economic prospects of Anambra State and assured that the bank is committed to the project.
Traditional ruler of Isiagu, Igwe Augustine Nwankwo expressed joy that the project had started and assured of his community support for the progress of the project.
IgweNwankwo commended the governor for sighting the project in the town and stated that Isiagu would continue to support the state government and APGA for recognising the community.
Also in attendance were Commissioner for Commerce, Uche Okafor, his counterpart in Housing, Arch Michael Okonkwo and Rev. Okwosa of the Anambra Capital Development Authority (ACDA), among others.