Persianas Investment Limited has concluded a deal to construct a N3 billion (US$20 million) modern shopping mall in Kwara State.

Daily Trust reports the firm will partner with the Kwara State government on the construction of the facility in the state capital, Ilorin.

According to the Kwara State commissioner for information and communication, Ben Duntoye, the state government has an equity share of about N500 million ($3.3 million), which includes land, in the project.

Persianas was also responsible for the development of the well-known The Palms shopping centre in Lagos.