Road Construction
1. During the construction period, It will provide direct employment to thousands of people, indirect employment to thousands more. Afterward, it will open up economic opportunities to millions.
2. It will bring development closer to the people and give some 30 million people improved access to production/marketing centers.
3. It will make the movement of people and goods along the route easier and significantly reduce travel time between the regions.
4. It will give direct access to waterways that are underutilized and encourage the establishment and growth of maritime industries such as ocean terminals, ship repair/maintenance and engineering facilities, boat building facilities, passenger cruise terminals, etc.
5. It will help to put coastal communities at the center of the Blue Economy.
6. It will encourage the establishment of more export processing zones in the coastal states.
7. It will enhance the security of the region & the nation.
8. It will unlock the tourism potentials and opportunities in the coastal areas in at least 8 states.
9. It can make the beaches on the routh accessible to millions and encourage the growth of eco-sanctuaries.
10. It will help in protecting the shoreline along the route.
Copied from the Facebook wall of Ikerionwu Arthur Nnameka
>>> Read full article>>>
Copyright for syndicated content belongs to the linked Source : EconomicConfidential – https://economicconfidential.com/2024/05/lagos-calabar-road/?utm_source=rss&utm_medium=rss&utm_campaign=lagos-calabar-road
