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The Rivers State Government instituted the Public Private Partnership initiative where the public sector can partner the private sector in the financing, development, implementation and management of infrastructure and provision of services in Rivers State. The PPP was initiated to tackle the complex issues associated with projects in order to meet the public demands and ensure effective and efficient projects delivery and stimulate Private sector interest in participating in profitable social development projects through partnership with the public sector.

The objective is to achieve more and provide better quality, efficient and affordable services to the society; strengthen institutional governance in the State by improving managerial skills and accountability with respect to construction, rehabilitation and provision of infrastructure; attract private funds for investments in the State; increase employment generation; strengthen human capacity development; minimize financial, technical and operational risk on the part of government; reduce the unit cost of infrastructural development, procurement and investment in the State and provide an enabling environment for private sector participation in infrastructure development in the State among others.


Daycho-Telios Limited is a consortium made up of Daycho Investments Limited and Telios Development Limited.

The consortium is a new generation indigenous property development company, founded by a group of highly motivated and innovative entrepreneurs, who have been involved in real estate development in Nigeria since 1992. It was established to provide a new level of service in the Real Estate Industry. The company is strategically positioned to harness the enormous opportunities in the rapidly expanding Real Estate market in Nigeria, and to bridge the gap between poorly managed indigenous companies and expatriate construction outfits.

Telios Development Limited has successfully developed over 60 residential and commercial projects in Port Harcourt, Lagos, and Abuja. The company’s experience encompasses residential housing development schemes; mixed-use and specialty projects; commercial, office, and industrial properties; and shopping centres. The company consists of diverse industry professionals; Architects, Builders, Civil Engineers, Electrical Engineers, Planners, and Estate Surveyors.


The developer is DCT RIVERS LTD, a Special Purpose Vehicle (SPV) consisting of Daycho- Telios Limited and Government of Rivers State represented by the Rivers State Bureau for Public Private Partnership (BPPP).

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