Towards tackling housing deficit in Rivers State and other neigbouring states, a real estate firm, Port Harcourt Green Enclave Limited has entered into partnership with Sam Zuga Business Empire Limited to develop a $10 billion city, to be known as Port Harcourt Green City.

To achieve this, the firm has unveiled the Memorandum of Agreement signed to facilitate the process, where low income and high income earners can acquire and own properties with ease.

The project situated in over 1,000 hectares of land in Omerelu, in Ikwere council of the state, The Guardian gathered would house 6,000 houses, shopping malls, with several agro-allied industries, leisure district and residential district.

The Chairman, Port Harcourt Green Enclave, Perfect Nyenwezi Wekhe, said, “The proposed estate is aimed at reducing deficit in the housing sector and also meet up with the demands of the real estate in the state.

“We are determined to solve the housing deficit in Rivers State and neighbouring states because the South South and South East will benefit tremendously from the project, ” he said.

“We are replicating what is in Singapore and Dubai, We have our partners in Singapore and Dubai. We are looking at how we can manufacture the materials locally and use it to create employment for Nigerians.

“ Our partners will bring their wealth of experience and ensure we utilise locally available raw materials, like our sand can be transformed to glasses for the high-rise buildings, which we can also use as blocks. ”

Wekhe emphasised that no materials for the construction works would be imported but that all will be manufactured in the city.

He also hinted that the project would address the challenges of ecosystem and perennial flooding in the city.

He explained, “The city will five districts, such as residential district, which would consist of high and low density areas. The high density area takes care of low-income earners.

“As a matter of fact, we are going to the future of real estate, which is tokenisation, where people as little as N1 can own property in the estate. It is going to make acquisition for those in real estate business very easy.”

Also speaking, the leader of Sam Zuga Ecosystem and Business Empire, Prof. Sam Zuga, said patterning with the estate firm would tackle the environmental issues, which is part of their key projects.

Represented by Prof. Mkpa Mkpa, Zuga expressed hope that the project would create jobs and address housing deficit in the state.