A mighty property development is going on in Nigeria. Branded, the Malaysian Gardens, the development is a $600million housing project that is being executed by a Malaysian company in Abuja.
The project involves the building of 14,085 housing units on 510 hectares of land. The first phase of 7,000 units will be completed in 24 months. The Malaysian company is developing the estate in collaboration with Nigeria’s Federal Capital Territory.
Nigeria’s president, Chief Olusegun Obasanjo recently inaugurated the project saying the provision of affordable housing is still a challenge for developing countries. He urged the contractors to do a good job. CEO of the Malaysian company, Mr. James Wong Po Kwan promised the job would be completed in four years.
Eric Okeke is a storyteller, editor, business writer, motivational speaker and author of the best selling book: I Want a Husband. He is one of Nigeria’s most experienced financial journalists. He has published several articles in local and foreign publications and in websites such as http://www.ezinearticles.com, www.ezinearticles.com and www.writingcareer.com. He is currently running Infomedia Company, a media consulting and information marketing company. Visit his blog at http://sallywantsahusband.blogspot.com