Projects

CONSTRUCTION OF N3.9 BN SHOPPING MALL BEGINS IN KADUNA, NIGERIA

19 August 2019

Kaduna State Governor, Nasir
El-Rufai, on Wednesday performed the groundbreaking ceremony of a new shopping
mall being constructed at the cost of N3.9 billion in Kaduna.

The News Agency of Nigeria (NAN)
reports that the Amsalco Galaxy Mall is being constructed at the Murtala
Muhammed Square in the heart of Kaduna city, through a public-private
partnership.

El-Rufai said the project was
part of the state Urban Renewal programme targeted at providing modern
infrastructure in the state capital to boost economic development.

He said: “The dream of a
Galaxy Mall was once aborted, but we have revived it with a new investment
structure and partners.”

The governor commended the Kaduna
Markets Development and Management Agency for creatively discharging its
responsibility under the state’s Urban Renewal Programme.

“They have structured this
N3.9 billion project as a Public-Private Partnership between the Kaduna State
Government, Amsalco, a private firm and the United Bank for Africa.

“I have no doubt that this
structure will deliver the mall within the envisaged 18 months.”

The mall will be built on four
hectares of land and will have 7,491 m2 of lettable space.

“Upon completion, the mall
will have space for one major anchor tenant, three cinemas, six restaurants,
48-line shops and over 360 car parking bays,” he said

The governor observed that having
a decent mall within a city is a quality of life issue, giving people more
options for shopping and relaxation.

“But a mall also expands
economic opportunities for farmers, suppliers, sellers and the workers that
will be recruited to build it and to run the facilities therein,” he
added.

The governor explained that the
mall will be constructed by CCECC Nigeria Limited, which is also partnering the
government’s Urban Renewal Programme, which includes the dualisation of WAFF
Road, the main access road to the mall.

On his part, CCECC Executive
Director, Liao Jian Feng, said that the company will deliver the project on
time.

The MD, Kaduna Markets company, Hafiz Bayero, said the Amsalco Galaxy Mall was the second major project started this year by the company to boost economic activities in the state. https://allafrica.com/stories/201908140722.html

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