By Fegor Oghene, Asaba
Delta State Governor Ifeanyi Okowa has inaugurated the 100 million dollars (N40 billion) Asaba Mall with a call on investors to come and invest in the state.
He lauded the management of the mall for delivering on its promise to partner with the government to develop the state.
The governor expressed confidence that the mall would positively impact on the locality by ensuring local content in the supply of goods, job creation and boosting internally generated revenue for the state.
He noted though the mall was built under Public-Private-Partnership (PPP), Asaba community should be commended for giving the investor the enabling environment to function.
Okowa announced the ceding of 20 per cent of government share in the investment to the host community “to encourage them ensure peace and security of the facility as co-owners.’’
The governor urged the management of the mall to take cognizance of its social responsibility to its host community by contributing to the development of the area.
He assured the people of the state that the various MoU signed by the government in agriculture, housing, industrial parks and automobile parks among others, would yield results in 2017.
Mr Eddie MacDonald, the Chief Executive Officer, Resilience Africa, the company that built the mall, thanked the government for the opportunity given to the company to invest in the state.
He pledged that the company would expand its investment in the state.
He said that the company had built three malls in Owerri, Warri and Asaba.
“We are a company of few words, the Asaba magnificent mall occupies a land area of 8,000 square metres and was built at the cost of about $100 million,” he said.