Chief Chinasa Seals Deal To Attract Direct Foreign Investment To Abia

On a strategic business visit to Russellglen Company, a Texas based leading real estate firm with over $450 million in investments, Chief Iheanyi Frank Chinasa has reached mutually beneficial agreements and endorsed a Memorandum of Understanding (MOU) with Mr Terrence Maiden, CEO of Russellglen Company, aimed at transforming Aba, Abia State, Nigeria into a thriving hub of economic growth consistent with global standards.

The meeting, which took place at the company’s headquarters explored opportunities for real estate development, infrastructure improvement, and economic growth in Aba, with a focus on creating a sustainable and prosperous future for the indigenes of the state.

Chief Chinasa, a renowned leader of the Labour Party (LP) and advocate for economic development in Abia State, expressed his enthusiasm for the potential partnership, stating: “This collaboration is in furtherance of the efforts by our Governor Dr Alex Otti to attract direct foreign investments to our state. It marks a significant milestone in our efforts to revitalize Aba and position it as a major economic hub in Nigeria. We are in a hurry to leverage Russellglen’s expertise and resources to create a thriving economic ecosystem that benefits our people and drives growth.”

Also speaking, Terrence Maiden, said, “We are excited about the prospect of investing in Aba and contributing to its transformation. Our company is committed to delivering high-quality real estate projects that enhance the quality of life and drive economic growth. We look forward to working with Chief Chinasa and his team to make this vision a reality.”

The potential investment is expected to have a significant impact on the local economy by creating jobs, stimulating growth, and improving the overall standard of living in Aba.

Ebenezar Kanu
For AguBende Movement Media Team