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Kano state government to build multi billion naira economic city

  
kano economic city - Kano state government to build multi billion naira economic city

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Kano state government to build multi billion naira economic city

The Kano State Governor His Excellency Dr Abdullahi Umar Ganduje OFR today on behalf of the state government oversaw the signing of an unprecedented agreement with Brains & Hammers Limited for the construction of the massive multi billion naira Kanawa Economic City which took place at the Africa Hall of the government House.

The governor stated that the Kanawa market was conceptualized over 11 years ago but all efforts for its offtake failed until today when this agreement is signed. The total direct project cost is over 167 Billion naira and is expected to be completed within 72 months and will be carried out in 3 phases on a land size of about 121 hectares.

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This major breakthrough when completed will provide over half a million jobs to the people of Kano State and beyond, and is expected to provide over 10 thousand retail shops, 160 warehouses; a standard shopping mall, an international conference center, a World trade center, light factories, a motel and hotel, banks, clinic, among other facilities that will be made available in this world class international market the 1st of its kind in West Africa.

His Excellency disclosed that this historic agreement will significantly transform the economic situation of Kano State and tremendously enhance economic activities of the state. He also stated that President Muhammadu Buhari is expected to lay the foundation of this massive investment in the State in January 2017.

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