Ariaria International Market To Become World-Class Market In 10 Years – Developer
Ariaria International Market To Become World-Class Market In 10 Years – Developer
Ariaria International Market Aba in Abia State, which is one of the largest markets in West Africa, is projected to become a world-class International market in the next ten years with the world class remodeling process in progress.
Going on a media tour on Saturday, the developer of the Ariaria international Market Remodeling Project, Engineer Henry Okoroafor, who is also the Managing Director of Blessed Henken International Company Ltd, revealed that the project commenced in October 2021 under a Public Private Partnership (PPP) with the Abia State government led by then governor Okezie Ikpeazu which secured a N1.5billion loan for the company to start the project.
According to Okoroafor, the Ariaria International shopping plaza has facilities like; elevators, fire sprinkling system in case of a fire outbreak, fire proof doors, motor parks and uninterrupted power supply, all to ensure a comfortable market environment.
The developer also revealed that about 3,600 shops were demolished at the beginning of the project, however, about 4,200 shops would be delivered with parking spaces, good access roads and drainage system at the end of the project.
In his words;
“We demolished over 3600 shops but at the end of phase one of the remodeling of the market, but we will have 4200 shop and enough pack for parks, good access road again drainage system within the market”.
“After spending 25 years in China, l saw a perfect working system, a country that believes in healthy competition, that is what I want to replicate in Aba, particularly Ariaria the Ariaria International Market.
“I have studied the level of development in China, I decided to come home, to see how my State could look better than Lagos or Abuja. Without this level of healthy competition, I don’t think we can make any headway in terms of infrastructural development. We expect that at the conclusion of the project, Ariaria will be talked about all over the country”.
“We will like to bring Dubai to Nigeria. All the world class facilities that we see outside Nigeria in western countries, it is high time we replicate the same thing right here in Ariaria in Abia state, Nigeria.
“My Chinese team is assisting in funding this project, the project is doing well since the current Governor Alex Otti led State government, is also working towards making Aba better than Lagos or Abuja within the period of seven years.
“The remodeled shops are affordable and goes for N5m for those who owned shops in the part of market that was demolished before this current construction began, while fresh buyers will pay N6M, the money can be paid in installment.
“Traders who cannot afford to pay the money at once have an offer to access a loan package from United Bank for Africa, but it is regrettable that some traders went to court to block such window of opportunity”.
“We demolished over 3600 shops but at the end of phase one of the remodeling of the market, but we will have 4200 shop and enough pack for parks, good access road again drainage system within the market”.
Speaking to ALL FACTS NEWSPAPER (AFNEWS), some of the traders at the completed A-Line section of the market, expressed excitement over the project, noting that the remodeling will make trading easier.
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