Edo Government Moves to Develop 521-unit Housing Estate in Ekpoma
The Edo State Development and Property Corporation (ESDPC) has entered into a partnership with Maximpact Global Ventures Limited for the development of a 521 housing-unit estate in Ekpoma to be known as Esan Garden City Estate.
The project is in furtherance of Governor Godwin Obaseki’s drive to reinvigorate the state’s real estate sector by pioneering affordable housing schemes in different cities across the State.
ESDPC Managing Director, John Zedomi, said the development would commence soon, noting that it would be the corporation’s first development outside Edo South Senatorial District.
He said: “As a corporation, this is the first major project we are taking outside of Edo South Senatorial District. We expect the firm to deliver 100 units in the first phase by the end of 2024. We are excited that this project will open up possibilities, attract investments and infrastructure development as well as create jobs in the local community.”
The Managing Director, Mazimpact Global Ventures Limited, Dr. Eromonsele Peter, assured that the project will be delivered on schedule, stating that he was happy to be making his contribution to the development of the State.
The project is expected to provide affordable housing options to civil servants and low-income earners in the Edo Central Senatorial District. It is coming on the back of the steady offtake of the Emotan Gardens Estate in Benin City.
The projects are intended to catalyse the development of the State’s real estate sector, which has continued to grow with nuanced reforms implemented by the state.