The project, according to a statement from the government house, covers 496kms of pipeline network and would involve the building of 4 new reservoirs and the rehabilitation of the 4 existing reservoirs.
The contract was signed between Port Harcourt Water corporation and CGC Nigeria Limited, Top Engineering Corporation and Mothercat Limited.
In addition, the project will create 1,200 direct jobs and 5,000 indirect jobs.
Governor Wike urged the contractors to mobilise to site preparatory for the expected project flag-off on the 1st of October, 2020.
“Let me warn, in Rivers State, we do not compromise with quality of work viz-a-viz timely delivery of contracts. I shall be visiting all project sites unannounced, to monitor progress and compliance with specification.”
The Governor added;
“I am requesting the African Development Bank (AFDB) that will finance the project to do so with 100 per cent cost of net of taxes.”
He further stressed that;
“The Covid-19 pandemic presented huge challenges, as the accruable revenues both to Federal Statutory Allocation and Internally Generated Revenue has dropped.”