Posted: June 10, 2011 by CalabarBeckons in Uncategorized

The Cross River State Governor, Senator Liyel Imoke says the funds required for the construction of a state-of-the–art Calabar International Convention Centre has been secured after a detailed and transparent procurement process.

Imoke, who disclosed this shortly after the presentation of the preliminary design of the project to stakeholders by the contracting Consortium in Calabar, contended that “government has put in place one hundred percent finance for the project and can literary run it. “If this project is realized, it will make Cross River State an international convention destination, and complement its effort of becoming Nigeria’s foremost destination”.

“There is no facility like it in this part of the world. We set a budget limit for the project from inception and we are looking towards that. We pegged the project cost at $50 million, so we are working hard to make sure that we realize the project on schedule”, the Governor stressed.

According to Imoke “globally conference centres are developed by government, not because of the expectation that you will recover the cost of the facility from patronage, but ultimately is the multiplier effect, those who will use the facility and the money that will be spent in the city is what we are actually looking at”, adding that with the new Cross River State tax reforms law 2011, the State will be able to generate some revenue from the facility.

The Governor further disclosed that the development of the facility becomes imperative in view of the fact that such facility if well articulated, will attract a huge traffic to the State and will translate into greater economic fortunes which will impact positively on the lives of the citizenry; Governor Imoke said over 150 million Nigerians leave the country to other parts of the world annually. So in terms of the market and the opportunity, its all there and we want to take advantage of these opportunities”.

While describing the conference facility as second to none in Sub-Sahara Africa, Imoke said the State will not compromise standard, pointing out that a few of such facilities in the country do not meet prescribed international standards and that government went the extra mile in selecting the best hands that will handle the construction work and see to the realization of the project in line with global standard which will be supported by other facilities like Medicare facility, an 18 hole golf course and a four star hotel.

Earlier, the Special Adviser to the Governor on Event Management, Mr. Nzan Ogbe, who expressed optimism that the world class facility, which has already received the blessing of the State Government in all its ramification, will create another opportunity to develop new residential areas on both sides of the 2.5 kilometre new access road opening up Tinapa from Calabar


Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )


Connecting to %s