The quest to repair section 3 of the East-West Road stretching from Eleme to Onne Junction, has gained impetus as seven multinational companies has signed a Memorandum of Understanding (MoU) with the Rivers State government to execute the project.
Rivers State Governor, Nyesom Wike signed the deal with the firms on Wednesday.
Worried by the derelict condition of the road linking Port Harcourt Refinery, Indorama Petrochemicals, West African Container Terminal, WACT, Intels, Nigeria Ports Authority, NPA, and Oil and Gas Free Zone, Governor Wike had approached the firms for a joint effort to revamp the road initially under the auspices of Ministry of Niger Delta.
The cost of the project totalled N3billion, but according to the pact, the companies and the state government would pay an initial 50 percent of the total sum, and the remainder paid once the project is 80 percent complete.
The project is handled by Israeli construction firm, Reynolds Construction Company, RCC, and to be delivered in two months. The road covers 6 square kilometres, while the company is also to guarantee that the road lasts at least two years, as a term and condition.
As at Wednesday, four companies- Intels, NPA, WACT and the Port Harcourt Refinery had released their parts of the funds, even as the Ministry of Niger Delta is to supervise the repair project.
Governor Wike, while flagging off the project at Akpajo in Eleme Local Government Area, explained the initiative was to make sure investors did not leave the state, regretting that the state of the road had become a source of worry to the state government.
“We cannot wait for the Federal Government; we have to do it ourselves. Until the federal government comes, we will not die, but have to survive,” the governor remarked.
The governor also lauded the companies for their support and enjoined the host communities to provide security and conducive atmosphere for the contractor to succeed.
Speaking on behalf of the partnering companies, the Managing Director of Indorama Petrochemicals, Manish Mundra, lauded the efforts of the state governor to salvage the road. Mr. Mundra observed that the project was a lifeline to many companies operating in the area, as it will help to improve their operations and businesses.

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