Paul Obiajunwo, Port Harcourt
Rivers State Governor, Nyesom Ezenwo Wike has stated that investors confidence in the state is on the rise following his administration’s development of critical infrastructure.
Speaking on Tuesday in Port Harcourt while commissioning the multi -billion naira Port Harcourt Gardens Estate, Governor Wike said credible investors are already taking advantage of the prospects of the state.
He said that the return on investment in the state is about the highest in the country, despite a few challenges being experienced .
He said : “Investors are already aware of the benefits of investing in Rivers State, hence they are coming in their numbers. This housing estate is one of the recent investments that have added value to the state.
“I am particularly impressed because the promoters of this project were groomed in this state. They returned because they have confidence in what we are doing in terms of creating an enabling climate for businesses to thrive”.
He said several fresh investors are coming to the state without giving excuses because they appreciate what his administration has done to stabilise the state in terms of security and infrastructure.
In his remarks, Chairman of Port Harcourt Gardens Limited, Mr Richard Nyong said that Garden Heights is a private and equisite residential community domiciled in the Government Reserved Area of the Rivers State capital.
He said :”The estate is set to become the focal point of reference to luxury living in Port Harcourt with facilities that offer security and comfort “.
Managing Director of Port Harcourt Gardens Limited, Mr Uche John commended Governor Wike for providing the enabling environment for his company to invest her resources in the state.
He noted that the apartments have been made affordable for the average. According to him, the company will develop three additional housing estates in the state.
The commissioning programme attracted members of the State Executive Council and the business community in the state.