Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / New
Stats: 3,173,252 members, 7,887,725 topics. Date: Friday, 12 July 2024 at 12:54 PM

Breaking News:spars,others To Occupy Abia Mall With Construction Value Of N3.1bn - Politics - Nairaland

Nairaland Forum / Nairaland / General / Politics / Breaking News:spars,others To Occupy Abia Mall With Construction Value Of N3.1bn (1325 Views)

EFCC Arraigns Suswam Over N3.1bn Fraud Today / Nigerian Pension Commission Responds To Oshiomhole's Latest Allegation Of N3.5tr / Jonathan’s Rally: Soldiers Occupy Rivers Amiesimaka Stadium (2) (3) (4)

(1) (Reply) (Go Down)

Breaking News:spars,others To Occupy Abia Mall With Construction Value Of N3.1bn by patrikobi: 4:34pm On Oct 06, 2014
Breaking News: SPARS, OTHERS TO OCCUPY ABIA MALL WITH CONSTRUCTION VALUE OF N3.1BN.

Spar, an international retail chain and franchise with approximately 12,500 stores in 35 countries globally, has indicated interest to take a large portion in the Abia Mall with construction value of N3.1 billion.

Spar is taking about 3,200 square metres in the mall to extend its outlets in Umuahia, the Abia State capital. According to the project developers, the mall which would have a 24-hour electricity and free parking space, considered as a one-stop destination for dining, shopping, entertainment, banking and telecommunications, would boost the economy of the state in the region.

The project, sited in Umuahia, which would likely be commissioned in April next year, is expected to open up the seemingly quiet Umuahia city as other retail merchants also indicate interest in the mall to reach the South Eastern market.

Speaking on the mall project which started in 2013, the director, Abia Retail Company, Chuka Okoye said the mall, which sits in 12,550 square metres, was a product of a study that showed that the city was in dire need of a mall.

Confident of the economic viability of the project in the state, Okoye said the mall alone would generate over 1600 direct and indirect jobs in the state capital, assuring tenants that the mall management had put in place arrangement to promote good business relationship, hence to encourage growing businesses.

“We have over 60 percent of the mall occupied already, we have dragged global brands like Spar and others to Abia State,” Okoye said, expressing delight that after answering government officials’ questions initially on the project, the Abia State government threw its weight behind the mall.

Okoye explained that the construction work was delayed when the job was taken from the initial contractor – New Technics Construction Company to Formwork in November 2013.

Also speaking at a stakeholders’ engagement in Lagos on the mall, Chikamnayo Eze, commissioner for information, Abia State, said “the project is private partnership arrangement with the developers,” saying however that though Aba was the commercial nerve centre of Abia State, but the project was well positioned at Umuahia, which is fast growing and surrounded by cities and towns that would also patronise the mall.

He commended the governor of Abia State, Theodore Orji for the enabling environment, which is necessary for investment, especially on security as Abia was now more peaceful for which the governor had received awards.

In his short speech at the meeting, the managing director of Spar, Haresh Keswani was happy on the peaceful nature of the state, saying this will ensure that business thrives, and called on other tenants who have indicated interest to start their design and construction on time so that the mall will begin full business the same time. He said retail as a business was the global largest employer, stating that oil and gas could contribute significantly to the economy but the sector cannot employ much.

According to a survey, the Nigerian formal retail industry has evolved significantly over the years, with investments in the sector growing to over N205.4 billion in the last two years.

Re: Breaking News:spars,others To Occupy Abia Mall With Construction Value Of N3.1bn by datguru: 4:54pm On Oct 06, 2014
Scam

1 Like

Re: Breaking News:spars,others To Occupy Abia Mall With Construction Value Of N3.1bn by egift(m): 5:19pm On Oct 06, 2014
OP are you okay? What has the Roundabout got to do with the mall? Is it because that is the only clean spot in T.A. Orji's Abia State.

4 Likes

Re: Breaking News:spars,others To Occupy Abia Mall With Construction Value Of N3.1bn by s3nn2x(m): 5:28pm On Oct 06, 2014
No picture?

Na wa ooo!!!

Something that has reached 60 percent completion....

I wonder if there is another Umuahia that the one we know...
Re: Breaking News:spars,others To Occupy Abia Mall With Construction Value Of N3.1bn by Rikidony(m): 5:52pm On Oct 06, 2014
OP IS THAT THE ONLY CLEAN PLACE IN UMUAHIA. grin
COME TO CALABAR ANDD LET ME SHOW YOU BETTER ROUNDABOUTS grin grin


PICSOFTHEMALL OR IDONTBELIEVEIT
Re: Breaking News:spars,others To Occupy Abia Mall With Construction Value Of N3.1bn by Nobody: 5:56pm On Oct 06, 2014
egift:
OP are you okay? What has the Roundabout got to do with the mall? Is it because that is the only clean spot in T.A. Orji's Abia State.
ENEMY OF PROGRESS! VISIT UMUAHIA AND SEE CHANGES.
I DON'T KNOW WHY YOU CHOSE TO BE AND REMAIN ENEMY OF THE IGBOS.

1 Like

Re: Breaking News:spars,others To Occupy Abia Mall With Construction Value Of N3.1bn by Donmarrius: 6:06pm On Oct 06, 2014
masterpower:

ENEMY OF PROGRESS! VISIT UMUAHIA AND SEE CHANGES.
I DON'T KNOW WHY YOU CHOSE TO BE AND REMAIN ENEMY OF THE IGBOS.
Thunder will fire you,you T.A Orji's puppet.

As for the project,thanks be to God,but this can't cleanse the wasted years of t.A Orji.
Re: Breaking News:spars,others To Occupy Abia Mall With Construction Value Of N3.1bn by peleson: 6:14pm On Oct 06, 2014
The roundabout picture was even photoshopped clean to look that way but on ground, grasses,weed n dirt litters all around the tower
Re: Breaking News:spars,others To Occupy Abia Mall With Construction Value Of N3.1bn by Nobody: 7:00pm On Oct 06, 2014
masterpower:

ENEMY OF PROGRESS! VISIT UMUAHIA AND SEE CHANGES.
I DON'T KNOW WHY YOU CHOSE TO BE AND REMAIN ENEMY OF THE IGBOS.


Have u heard of TFY before?

It means thunder fire you.
May ur life be as desolate as the way abia state
Is at the moment courtesy of t.a orji ruination.
Sycophant.
Re: Breaking News:spars,others To Occupy Abia Mall With Construction Value Of N3.1bn by Nobody: 7:23pm On Oct 09, 2014
byrron:



Have u heard of TFY before?

It means thunder fire you.
May ur life be as desolate as the way abia state
Is at the moment courtesy of t.a orji ruination.
Sycophant.
DOING WHAT YOU ARE PAID TO DO.
YOU ARE ALREADY BURRIED JUST WAITING TO DIE.

I HAVE NO DOUBT THAT LUNACY RUNS IN YOUR LINEAGE. CURSED BE YOU TILL YOU SLEEP...AMEOBA.
Re: Breaking News:spars,others To Occupy Abia Mall With Construction Value Of N3.1bn by Nobody: 7:28pm On Oct 09, 2014
Great
Re: Breaking News:spars,others To Occupy Abia Mall With Construction Value Of N3.1bn by omenka(m): 7:28pm On Oct 09, 2014
egift:
OP are you okay? What has the Roundabout got to do with the mall? Is it because that is the only clean spot in T.A. Orji's Abia State.
Na underground shopping mall. The gate dey for inside the roundabout!!

1 Like

(1) (Reply)

Obiano Has Performed More Than Peter Obi – Umeh / We did not donate money for Buhari because Nigerians have rejected him- Ifeduba / OBJ In New Book, Calls Yar’adua An Incompetent Ingrate, Says Atiku Desperate

(Go Up)

Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health
religion celebs tv-movies music-radio literature webmasters programming techmarket

Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10)

Nairaland - Copyright © 2005 - 2024 Oluwaseun Osewa. All rights reserved. See How To Advertise. 26
Disclaimer: Every Nairaland member is solely responsible for anything that he/she posts or uploads on Nairaland.