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Home News

Delta approves full establishment of Kwale Industrial Park

by NatureNews
January 23, 2021
in News
Reading Time: 2 mins read
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Delta approves full establishment of Kwale Industrial Park
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The Commissioner for Information in Delta State, Mr Charles Aniagwu has announced that the Delta state Government has approved the full establishment of the Kwale Industrial Park.

Aniagwu said this on Friday in Asaba.

He said this after the end of the first state executive council meeting.

He said that the park was among the projects outlined in 2019 by the state government which was, however, slowed down because of the Coronavirus (COVID-19) pandemic.

He noted that the project was a public-private partnership initiative.
He also added that government would hold 25 per cent equity while the remaining 75 per cent would go to the private sector.

He said that the park would be a special purpose vehicle (SPV) established as the government seeks to drive the project to success.

According to Aniagwu, because of COVID-19, the process in establishing the industrial park was slowed down in 2020 but we now have approval for the full establishment of the park.

“Out of the government’s 25 per cent equity holding, government will consider what is necessary to take care of the in the host community for the purpose of encouraging good neighbourliness.

“We are not holding the park in trust for the host community because we are paying for the land and the land cannot be said to be their equity contribution.

The commissioner said that the council also considers the Judicial Panel of Enquiry into the Okpe and Urhobo Forest reserve which was set up by government to ensure peace in the communities.

In line with the Delta State Public and Private Property Protection Law of 2019, the council has prohibited and scrapped the taskforce on public property protection that had been harassing the general public, he said.

He charged the general public to report any form of harassment and extortion by anyone or group in the name of any taskforce demanding for money or the ceiling up of private or public properties.

According to the commissioner, the council took the decision to scrap all such taskforces following several reports from the public on their activities during the development of their properties.
NAN

Tags: establishment

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