Stakeholders Urge Investment In Real Estate As Soul City Births In Anambra
Nigerians have been encouraged to consider investing in real estate as the best way to store value and avoid effects of inflation.
Stakeholders made the call at the official unveiling of Soul City Estate in Awka.
Dr Tony-Olisa Mbeki, Senior Special Assistant to the Governor Soludo on Strategic Communication who was the keynote speaker said the best security for money was investment in property no matter how little.
Mbeki said it had the advantage of progressive appreciation and not being caught up by inflation.
He harped on the need for people to key into the real estate opportunities and also invest their resources in the State adding that almost every part of State was developing simultaneously Soludo.
“Real estate is one of the investments that does not depreciate or get affected by inflation, as the value of land consistently appreciates overtime,” he said.
Dr. Mbeki further urged Ndị Anambra to seize the chance to invest in the Soul City, to position themselves as among the beneficiaries of the City’s burgeoning growth and development.
Chief Nnamdi Nwokoye, the Director of Soul City and Convener of the event said Anambra was chosen as site for the project because of its security and viability noting that it would be second to none in the country upon completion.
Nwokoye said it was a response to the call by Gov. Chukwuma Soludo on the people of Anambra to invest at home under the Akụ Ruo Ụlọ mantra.
He commended the State government for providing political support for the project and all the assistance received so far including providing a secure and enabling environment.
“Investors in the Soul City project are drawn from different parts of the world, with many still trooping in, to make the dream a reality.
“Soul City has features of tourist centre, wonder land, shopping malls, centre for arts/culture, residential, hospitals, hotels, school, amusement parks, and other facilities which distinguishes it from others.
“I call on all stakeholders to rally around the project because it has huge potential and capacity to generate employment, stimulate investment, elevate the standard of living across the state and generally enhance the overall development of the State,” he said.
Chief Don Onyenji, Commissioner for Tourism,Culture and Entertainment said Anambra had become and investment haven due to leadership provided by the administration of Prof. Chukwuma Soludo.
Onyenji said value of property was growing in leaps and bounds across the state while calling on investors to take advantage of the opportunity at the early stage in order to grow their networth within the shortest possible time.
“The Soludo administration’s vision for Onitsha 2.0 will increase demand for landed property in the area, you can be assured of the security of their assets and and every investment they make in Anambra.
“Soul City as a serene destination, I encourage individuals to seize the opportunity to invest now,” he said.
Onyenji said Soludo had done remarkably well in two years and his giant strides in the tourism sector of the state were unprecedented.
According to him, Soul City project would complement the Solution Fun City to further enhance the state’s tourism landscape.