Nigerian entrepreneur and chairman of Cubana Group, Obi Cubana, says his partnership with Zoe New Dawn Nigeria Limited to develop a mixed housing project in Abuja will benefit low-income people.
The partnership aims to provide approximately 10,000 housing units to low- and middle-income earners, civil servants and other classes of potential homeowners.
According to a statement, the official earthwork of the Hill City Community housing project is scheduled for September 1, 2022.
Prior to the turf turning ceremony, Obi stated that the partnership between Cubana Group-owned Casa Cubana and Zoe New Dawn Nigeria Limited would provide potential subscribers with global standard residential assets.
He said the assets would guarantee life, work and play benefits in a well-developed, highly urbanized district of the Federal Capital Territory, Abuja.
The statement read in part: “Affordable housing is a major concern for most Abuja residents and the new Smart City, Hill City Community housing project has been carefully planned and designed to address the challenges of accessing quality housing at affordable flexible ownership terms.
“It will also be built by young Nigerians who will be involved through direct means.”
Obi noted that the project was another way for him to contribute to humanity by creating employment opportunities while bridging the prevailing housing gap.
He said the project would help solve the problem of affordable housing for Nigerians severely affected by housing shortages across the country.
He further hinted that similar projects were planned for Enugu, Lagos and Akwa in Anambra state.
He said the Hill City Community housing project in Abuja was located in a safe area near the Abuja airport and other key destinations in the federal capital.
In developing the project, Obi stated that architects, engineers and other consultants would be recruited through an open engagement process.
He said the project had full approvals with a full tarmac access road.
According to him, the partnership would provide low-income people with high-quality housing options and give subscribers the advantage to build themselves, if they so choose, while providing complete and standardized infrastructure such as central sewage system, water system, back roads, parking, security and other facilities. by the owners of the facilities.