Port Harcourt — The Managing Director of Rainbow Town Development Ltd, Mr Chima Ucheya said in Port Harcourt that the construction of the first phase of the Rainbow Town Housing Estate has gulped N82 billion since the project commenced in 2009.
Ucheya who spoke at a media briefing to unveil the new Rainbow Town said the first phase of the project is approaching substantial completion in some of the three distinct residential building types and scheduled for completion in the third quarter of 2015.
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