Further to taking the ageless Aba business legacy to the next level, the Abia State Governor, Alex Otti, on Wednesday, signed a Memorandum of Understanding (MoU) between the Aba Commercial Smart City and United Market Leaders/Traders in Umuahia, the state capital.
In his remarks after the signing, he averred that when realised, will practically transform the state and modernise trade, commerce, manufacturing and logistics.
According to him, the proposed Aba Commercial Smart City, a strategically situated Public-Private Partnership investment hub sitting on a 140-hectare land at Osisioma, will, on completion, launch Aba into an industrial centre for sustainable economic development and job creation.
Represented by his Chief of Staff, Pastor Caleb Ajagba, the Governor noted that the project is also in line with the vision of his administration towards creating prosperity among the people.
He assured the investment partners, Equatorial Marine Oil and Gas Ltd, EMOG Group, of a conducive business environment, adding that the needed infrastructure and other requirements have been put in place for the smooth take-off and realisation of the project.
He added that “So what we are saying today is a reflection of that vision, that once the right atmosphere, the right environment has been created, investors will come. Investors are not emotional.
“When we talk about the Aba Commercial Smart City, it is a project that will significantly transform Aba and indeed Abia.”
Earlier in his address, the Group Managing Director of Aba Commercial Smart City, Professor Chinedu Nebo, represented by the President, Aba Commercial Smart City, Amb. Osita Offor, he said that the project, which is the first of its kind in Sub-Saharan Africa, is also “a bold stride towards positioning Abia as a global gateway to Africa’s commerce and industrial revolution”.
