The Authority is established by law and the Government has committed to funding the project with a budget of not less than N100 billion per year. The law establishing the Authority also provides for investment guarantees.
 

Through public private partnerships, through sourcing for funds from development partners/agencies and private interests
 

The objectives are to:
a) Accelerate development of infrastructure.
b) Increase private sector participation in the
economy which will result in improved service delivery at affordable costs.
 

Government initiatives include:
a) The Public Procurement Law No. 4 of 2008 which established a Bureau of Public Procurement as the regulatory agency responsible for monitoring and overseeing procurements.
This will
ensure a fair, transparent, and well-managed procurement process.
b) The Public-Private Participation in Infrastructure Law No.5 of 2009 is a law that establishes the Bureau of Public-Private Partnership to promote, facilitate, and regulate partnerships between the public and private sectors. The Bureau will provide the policy and regulatory framework for PPP and this would reduce the risk of policy reversal by future administrations.
c)
The Authority is also seeking partnerships
and collaborative
engagement with
international institutions such as the World Bank, and International Finance Corporation; institutions such as the Urban Development Bank of Nigeria.
This effort will ensure due diligence, good coordination, planning of infrastructure and building capacity in the built environment in carrying out projects.
(d) Establishment of the Greater Port Harcourt City Development Authority which has legal personality to enter into such partnerships with responsibility for the development of the New City. The Authority will provide a one-stop-shop for investors thus removing bottlenecks and the ordeal of dealing with several Ministries/Departments or multilayered bureaucracies.

1. The need to control development in Port harcourt 
2. The need to modernize the old city Port Harcourt and reawaken it as a thriving garden city 
3. The need to plan the city in a manner that will attract private sector interest and investment in infrastructure housing, etc
4. The need to create a modern business node that will facilitate economic growth and development 
5. The need to improve the standard of living of the people through better living conditions, infrastructure and services

First, contact the Authority which has adopted the PPP policy-framework of the state, PPP is highly welcomed