News: Centenary City Project to Create Over 87,000 Jobs - Developer

Abuja - AS construction works begin on the first phase of $180.6bn Centenary City project, the company undertaking it has disclosed that over 87,000 jobs would be created.

The Executive Director Africa, Eagles Hill, Mr. Jaimal Shergill, who disclosed this while briefing journalists on the take-off of the project in Abuja yesterday, said the Centenary City project would be completed in ten years.

"The first phase which is the five star hotel and residence would be completed within four years, 87, 000 jobs would be created.

"In addition to that, we will have 137,000 residents, a bulk of the workers will be Nigerians. In our estimate for every residents, two or three jobs would be created, close to about 300 to 400,000 jobs.

"There will be two stages of job creation, which include the construction phase and the services sector," he said.

According to him, the first phase of the project named; The address and Residence, would offer combination of residential and hotel spaces, spanning 25 hectares of land with world class amenities, restaurants and more.

Source: Vanguard