Kwale Industrial Park: Delta Govt Approves N800m as Compensation for Acquired Land

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Okowa Woos Chinese Investors for Kwale Industrial Park in Shenyang, China
Governor Okowa Speaking with Chinese Investors for Kwale Industrial Park in Shenyang, China in October 2019

The sum of N800 million has been approved as compensation for more than 1,000 hectares of land acquired by the Delta State Government for the proposed Kwale Industrial Park (KIP).

This development was made known by the Commissioner for Information, Mr Charles Aniagwu after the State Executive Council meeting on Tuesday, 4th February, in Asaba.

Mr Aniagwu stated that the council appreciated the people who made their land available for the Park and for partnering Okowa’s administration in the speedy development of the state.

“We are aware that to ensure the development of the Kwale Industrial Park, there was a road show in China, investors have started coming and at the Exco meeting today, the people were commended for agreeing to part with their land for development activities to take place.

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“Exco approved the sum of N800 million as compensation for the land which measures more than 1,000 hectares and we are confident that the multiplier benefits of having the Kwale Industrial Park is enormous.

“The area is strategically located for investors to have quick returns on their investments,” he said.

Aniagwu also disclosed that the meeting presided over by Governor Ifeanyi Okowa approved the stool of the king of Abah-Unor in Aniocha South Local Government Area.

he Commissioner for Youths, Mr Ifeanyi Egwuyenga who also spoke at the post exco briefing, stated that the State Government approved Rural Youths Skill Acquisition targeted at the illiterate and semi-literate youths in rural communities, adding that the programme would be strictly domiciled in the local governments.

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“There will also be community business schools to manage their training which they will attend on a weekly basis to ensure that the youths know how to give back to the society.

“Tertiary Institution Entrepreneurship Programme which is strictly a core entrepreneurship programme designed for the state owned tertiary institutions targets those with business innovation who are having challenges of setting up their businesses.

“Government will give them opportunities to go through incubation period after which government will set them up with viable businesses for them to be employers of labour,” the Commissioner said.

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