By Vincent Ujumadu
Governor Chukwuma Soludo’s vision of building a livable smart city in Anambra State is driving property development, according to renowned estate developer Mr. Okwuchukwu Okonkwo.
Speaking at a conference on sustainable real estate in Awka, themed “Building for Tomorrow: The Role of Real Estate in Sustainable Human Development,” Okonkwo highlighted the need for environmentally conscious development. He emphasized that sustainability goes beyond construction, requiring deliberate efforts to maintain a habitable environment.
Okonkwo revealed that his company is aligning with the state’s policy by launching a Palm City Project, aiming to plant 20,000 palm trees across estates in Achalla (Awka North), Umuomaku (Orumba), and Ifite Ogwari (Ayamelum). He noted that in existing estates, trees are cultivated immediately after land purchases to promote a green environment.
“We also manage these crops for buyers who want us to,” he said. “Leaving lands fallow can lead to encroachment, so we integrate tree planting into estate development. Once houses begin to emerge, the trees are already growing.”
Okonkwo praised Governor Soludo’s efforts to bring order to land acquisition, noting that estate developers are now prioritizing sustainable and structured development. He also highlighted the economic value of palm trees, stating that buyers can invest in them alongside housing.
Additionally, Okonkwo stressed the untapped potential of real estate in the South East, attributing increased investment interest to the governor’s infrastructural improvements, particularly road construction.
In a keynote address, property consultant Mr. Kelechi Deca called for continuous regional development efforts, urging stakeholders to host more conferences in the South East rather than elsewhere.
“People say the South East has limited land, but the real issue is planning. South East is many times the size of metropolitan New York, yet New York has more people and buildings,” Deca said. “We must prioritize structured development and create an environment that attracts talent.”
The conference underscored the need for a long-term vision in real estate, integrating environmental conservation and urban planning to ensure sustainable growth in Anambra State.
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