Enugu Govt, Firms Partner for Estate Development
The Enugu State government and two estate developers, Hymac Real Ltd and Toshel Ltd, have entered into partnership to see to the development of two estates in the state.
The states, Conquest and Kateland, located at Phase 7, Trans Ekulu, Enugu, will have government subsidies to make them affordable.
This was disclosed by the Legal Adviser, Enugu State Housing Development Corporation (EHDC), Titus Ngene, during a press briefing Tuesday.
“We have invited you this afternoon to present to you a very good investment. Enugu State Housing Development Corporation is an agency of government that has the mandate of meeting the housing needs of the state.
“We are presenting to you Conquest Estate and Kateland Estate both at Phase 7, Trans Ekulu Enugu. This estate will be the biggest estate in the South East. It is planned in such a way to have state-of-the-art infrastructure.
“That is why we have decided to engage these companies to assist us in developing the infrastructure. We want our people both home and abroad to come in and invest in this opportunity.”
In their separate speeches, the Managing Director of Hymac and Allied Associates, Okey Ayogu, and the Managing Director, Toshel Nigeria, called on investors to take advantage of the opportunity as it will usher in increased economic activities in the South East.