Imo State Government has commenced discussions with some reputable interested industrialists in South Korea for the establishment of a Smart City Project which when completed, is expected to create over 500,000 jobs for the people of the state.
According to the Commissioner for Budget, Economic Planning and Statistics, Dr. Christopher C. Osuala, the state government had already earmarked an estimated 2,000 to 6,000 hectares of land for the project which would gulp a whopping sum of 20 billion US Dollars.
The project would be sited at Emeabiam, Umuguma and Okuku in the Owerri West Council, Azara Obiato and Mbaitoli.
Osuala who disclosed this to journalists led by the Special Adviser (Networking) to Senator Hope Uzodinma, Onwuzuruike Chantel Adanna Chinyere in his office, said that the project is being packaged to become a completely modern city with markets, filling stations and regular power supply and sundry modern state of the art facilities.
“I was in South Korea in June 2022 to talk to these industrialists and they visited Governor Uzodinma last December during which they indicated interest to invest a whopping sum of 20 billion dollars in Imo, building electric vehicles with their partners in South Korea and as soon as the MOU is completed, they will come with their money and the State Government will provide land for them”.
Speaking on the impact of the State’s 2023 budget on the people, Dr Osuala said that the budget of “Expansion of Wealth” is making more infrastructures available for the people such as building and rehabilitation of roads, hospitals, schools and the same time expanding wealth through judicious, efficient and transparent management of resources.
For some years now he said that the state government got an average grant of 10 billion dollars from the World Bank, which is being invested in the area of infrastructures, which entails community engagement, adding that the state’s budget can now be assessed online unlike in the past.
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Autor(en)/Author(s): Anolu Vincent
Quelle/Source: Independent, 15.04.2023
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