IKPEAZU SECURES $430M DEAL FOR ENYIMBA ECONOMIC CITY

1

Abia Governor, Dr. Okezie Ikpeazu, has secured the approval of the African Development Bank (AfDB), private investors and other multilateral financial institutions for a $430 million investment in the development of Enyimba Economic City (EEC).

The EEC is a proposed free-trade zone located on over 9,500 hectares of land between Aba and Port Harcourt.

The governor, who spoke in Lagos during an interaction with journalists, said he presented the programme to investors at the Africa Investment Forum (AIF) in Johannesburg, South Africa.

Governor Ikpeazu said participants at the forum agreed that the ECC was a project worthy of their investment.

The governor said while other African countries had benefitted from the funding opportunity provided by the AIF, Nigeria was yet to benefit.

Governor Ikpeazu said Nigeria presented four projects at the 2019 AIF, among them, the Enyimba Economic City and Lagos Chemical.

AIF is a market place for project developers, investors, borrowers, lenders, policy makers and public- and private-sector investors to encourage investment in Africa.

The governor said the EEC would boost Nigeria’s participation in the Continental Free Trade Agreement (AfCFTA) and lauded the Federal Government for supporting the project which would create about 700,0000 jobs within 10 years.

SunNewspaper

For publication of your news content, articles, videos or any other news worthy materials, please send to abiafactsnews@gmail.com or abiafacts@yahoo.com . For more enquiry, please call +234-903-332-9775 or whatsapp +234-803-792-3602. To place advert, please call 08037923602.

1 Comment
  1. dangote.com says

    This is to inform the general public that individuals can order Dan-gote3xCement directly from the factory at a promo price of 1300 Naira per bag and Rice for 10,000 naira per bag. Transportation and offloading is 300 Naira,minimum for purchase is from 100 bags and above. kindly contact Dangote Group Marketing Manager Alhaji Shehu Abubakar ON O 8 1 3 3 5 4 9 O 5 5 for booking and delivery. Note-Delivery takes two days and it’s nationwide.When Strength matters,Choose 3X.PLEASE TELL OTHERS ABOUT THIS WINDOW OF OPPORTUNITY

Leave A Reply

Your email address will not be published.