KSDPC Signs MOU to Host Housing Exhibition
KSDPC Signs MOU to Host Housing Exhibition
By: Edirin Robinson, Kaduna
The Kaduna State Development and Property Company has signed a Memorandum of understanding (MOU) with the Kaduna Housing Exhibition to host the maiden edition of the Housing exhibition in the state.
The General Manager, of Business Development, Kaduna State Development and Property Company (KSDPC), Mrs. Olaide Giwa asserted this after the signing of the Mou in Kaduna on . 19th February, 2024.
According to her, the State is excited to host the maiden edition of the exhibition which is a significant milestone in the partnership with Private investors to address the housing deficit in the state.
Mrs Giwa added that Kaduna State is eager to use the event as a platform to engage more stakeholders and learn from them how to continue to build sustainable and resilient houses for future generations.
She added that the state wants to undertake an exhibition to be able to attract foreign investors and local investors into the Kaduna housing sector.
“The Company thought it best to hold an exhibition to promote the real estate opportunities that are in Kaduna State and we found in Mr Olarotimi Shodimu, an expert that can guide us in the process so that we can achieve our desire.”
“The MoU is for the exhibition and when it starts, it will attract a lot of attention to Kaduna State. The real estate potential will be promoted, we will attract foreign direct investments, which is an opportunity to increase the internally generated revenue of Kaduna State.”
“It is also an opportunity to attract jobs in the State and also for the housing policies of the current government to be met.”
“There are several positives to be gained from this exhibition as it’s the first in its series and we are hoping to use it as a promotion for our Company and as a State.”
“I’m very excited cause it’s a big deal for us and we hope the State feels the same. We intend to make it as big as KadInvest, we are looking for it to become a legacy progress and Insha Allah, we are hoping it becomes an annual event that will attract attention to Kaduna State.”
“The project will commence in a few month’s time, tentatively in July, and we are working with our sister agencies, the private sector, stakeholders in the real estate sector, and foreign investors in the real estate and investment space as well. So it’s a big deal for us.”
In his remarks, the Managing Director of Kaduna State Housing Exhibition, Mr Olarotimi Shodimu, said his Company desires to expose the potential of the Housing economy of Kaduna State and the Northern Region and is also looking at other value-added initiatives which can reduce the housing deficit in the State and the northern region.
He noted that the joint venture is going to be a game changer in Kaduna State and his organization is coming up with value-added projects which are branded as Kaduna Housing Exhibition.
“We want to expose the potential of the Housing economy of Kaduna State and the Northern Region and asides that, we are looking at other value-added initiatives to reduce the housing deficit in the State and the Northern Region.
“The MOU is therefore, coming at an apt time when the State and the country are in dire need of convenient, accessible, and affordable housing,” He said.
