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…Julius Berger bags N750bn phase 1 contract
From Adanna Nnamani, Abuja
The long-delayed N2.4 trillion Centenary City project in Abuja has officially resumed, with Julius Berger Nigeria Plc awarded a N750 billion contract for the first phase of primary infrastructure.
Managing Director of Centenary City Free Zone Enterprises, Michael Odenigwe, confirmed this in Abuja on Tuesday, saying the contract was signed last Friday.
According to him, Julius Berger will deliver a 4.3-kilometre plot access road and secondary infrastructure for three residential clusters: The Grove Residences, The Safari Park Residences, and The Ridge Villas. Dar Al-Handasah Consultants, the project’s original master planners, have also been re-engaged to provide detailed engineering designs.
Centenary City is envisioned as a mixed-use development with residential estates, hotels, a convention centre, shopping malls, sports facilities, and green spaces.
Odenigwe said over 40 per cent of the land area had been reserved for parks and eco-friendly developments, addingthat when completed, the city could host up to three million residents and create thousands of jobs.
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He attributed earlier setbacks to what he described as poor regulatory policies in previous administrations but said the project had now gained new support from the Federal Capital Territory and Housing and Urban Development ministries.
The MD described the initiative, which has been valued at about $1.6 billion, as one of the country’s most ambitious urban renewal projects.
“Centenary City Project presents a great opportunity to create value and raise Abuja’s profile, to encourage international investment in Abuja. The project is designed to work in harmony with nature. The districts and communities are designed to fit in among the natural landscape, offering both an impressive downtown skyline and peaceful suburban living.
“The city is conceptualized as a truly multifunctional development that offers a complete cosmopolitan lifestyle to its residents, as well as serves as a tourism hub for the wider community,” the he stated.
Odenigwe assured that with Julius Berger and Dar Al-Handasah on board, the long-awaited transformation would begin in earnest, adding that its management is committed to global standards of infrastructure and sustainability.
