A real estate investor in Port Harcourt, the Rivers state capital, My-ACE China (aka Mayor of Housing), has foreseen emerging massive “economic triangle” along Rivers/Akwa Ibom/Abia states corridors in their states.
China, who drew the attention of the governors of the concerned states to the emerging potential, urged them to take steps to accelerate the economic triangle.
He made the statement while speaking to newsmen in Uyo, Akwa Ibom state capital at the conclusion of his business trip to the state, at the weekend.
According to him, the massive land, blue economy and huge deposits of oil mineral in the State hold great potential and immense economic advantage for them, adding that if well harnessed, and managed, it might surpass that of Lagos state.
The real estate mogul who is the Managing Director of the Housing and Construction Mayor Limited, said the envisaged economic corridor would compete favourably with the Lagos economic hub or even better.
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He said, “Talking about ‘Economic Triangle’, the only place that can wrest economic power from Lagos is Akwa Ibom, Abia, and Rivers states axis or corridor. This corridor contains more than Lagos has, if they can be interconnected with smooth roads, ports, and if their blue potentials are unlocked. They will not only wrest power from Lagos but would be more lucrative.”
The investor who is behind the emerging Alesa Highlands Green Smart City in Eleme near Port Harcourt, said the new ‘Economic Triangle’ has a bigger potential due to massive land assets with the corridor plus blue economy and the existing hydrocarbon industry.
Explaining, he said Aba, in Abia State, provides the biggest fabrication capacity in West Africa to supply goods to the Gulf of Guinea; Port Harcourt provides access to the Gulf of Guinea for off-taking Aba products, and the Uyo provides deep sea port at Ibaka and international airport facilities as well as forest reserves for massive agro-economy.
