Business

Gov Udom inspects 21-storey business tower

The re-elected governor of Akwa Ibom state, Elder Udom Gabriel Emmanuel, has inspected the ongoing construction of 21-storey ‘Intelligent Building’, meant to accommodate International Oil Companies (IOCs) and other multinational corporations operating in the state.

This landmark edifice is located at the Central Business District, Uyo. It is handled by VKS Engineering Company and will be due for commissioning by the end of the year. It is one of several flagship projects of his administration and part of his strategic repositioning of the state as a hub for global trade.

While there, the governor expressing satisfaction with the level of work done within the stipulated time frame by the contractor and commended the supervising ministry for making sure the project meets specification. He stated that with a renewed mandate from Akwa Ibom people, the adminstration is energized to deliver on its campaign promises and even more.

Gov. Udom stated that upon completion the business tower will serve all IOCs and other allied companies in the oil and gas sector and called on federal government to implement the policy that will ensure that all multinational companies have functional administrative headquarters within their areas of operations, saying states that bear the brunt of environmental degradation from mineral by IOCs are entitled to receive revenues.

The Commissioner for Housing, Special Duties and Aviation, Mr. Akan Okon, who took the governor round the project site, reechoed the governor’s statement that the decision to embark on the building a 21-storey business tower was to create an enabling environment for multinational and International Oil Companies (IOCs) to move their administrative base to the state.

He disclosed that the building will be fitted with latest communication and logistical technologies to suit all needs of international business community expected to occupy it, adding “with this edifice, the state government would have removed all excuses over lack of basic infrastructure for IOCs to establish their administrative headquarters in Uyo”.

“As the governor has noted, the contractor is working on schedule and following the specifications strictly, we hoped to commission towards the end of 2019.

“The choice of Udo Udoma Avenue for erecting the edifice was for convenience and security since most of several the financial institutions have their headquarters there. We believe this will further develope adjoining areas”. It was gathered that the project is expected to gulp approximately N19 billion and is being funded through Public Private Partnership (PPP). BENGBENRO NEWS

Previous ArticleNext Article

Leave a Reply

Your email address will not be published. Required fields are marked *