FEATURE ARTICLE

Friday, February 22, 2019
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BOOSTING ECONOMIC OPPORTUNITIES OF ABIA
THROUGH ENYIMBA ECONOMIC CITY PROJECT

opes have risen for employment opportunities in Abia State, Nigeria as the Enyimba Economic City Project, other things being equal, is expected to take off this year. Recently,Abia State and Federal Government signed Definitive Agreements.

Both President Muhammadu Buhari and Gov. Okezie Ikpeazu of Abia State are excited by the initiative. While Buhari sees the project as" exactly what his administration was looking for to create employment for the people and boost the economy", Ikpeazu says that "Aba, the location of the project," is strategically located for easy access from all south-east and south-south".

Enyimba Economic City is a private public partnership (PPP) of Crown Realties Plc, the host communities, Abia, and the federal government and is expected to attract numerous gains which include over 625,000 jobs, urban housing of over 300,000 units, urban population of more than 1.5 million people. It is also projected to provide more than 2,000 industrial/ business units, with estimated annual value output of more than $5 billion.

It is proposed to develop a new Industrial Township in Aba, spanning from Akwa Ibom State boundary of Abia State to Imo State boundary, on a West/ East of Enugu/Port Harcourt highway and covering 9600 Hectares to include Industrial Park, Logistics, Entertainment Village, Medical, ICT hubs, among others.

The Economic City is designated as a Special Economic Zone by the Federal Government and will have Free Trade Zone status with the intention of connecting South-East states and four out of the six states in the south south. While the vision of the project is to develop a connected global business hub in southeast Nigeria; the mission is to create economic hub central to the nine southeast and south south states linked with high grade access roads, rails, airport and seaports that will transform the region into a manufacturing and industrial powerhouse, with ancillary drivers of commerce, logistics, entertainment, education, health and lifestyle living.

Economic analysts see the project as apt considering the status of Ab as the economic hub of Abia State is blessed with over 250,000 artisans engaged in various arts and trade.

The ultimate aim of the project is to to close economic gap the gap of Port-Harcourt and Aba which constitute two energetic centres in the South East and South South regions.

In the Advisory Board of Enyimba Economic City Development are seasoned administrators and technocrats such Dr Pascal Dozie Chairman,. Mr. C. Darl Uzu Vice Chairman/CEO,Prof Barth Nnaji,Dr. Abraham Nwankwo,Elder Emmanuel Adaelu.Others are Sen. Adolphus Wabara, Prof. Anya O. Anya, Chief Sam Nwaogu , Dr. Paul Ananaba, SAN,Ambassador Empire Kanu, Amb. Tom Aguiyi Ironsi ,Mr. Ugochukwu Okoroafor,Mr. Austin Ufomba,and Mr. Chibuzor Ekwekwuo.

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