Abia State government has signed a Memorandum of Understanding (MoU) with a private firm under a Public Private Partnership to build and develop an industrial markets city-Abia International Industry City (ABIIC)-for traders and other business ventures that would be comparable to international standard.

Governor Theodore Orji during the MOU signing at the Government House, Umuahia, said the desire to bring in private investors in the area of trade and commerce is part of the vision of expanding the horizon for industrialization of the state.

He expressed optimism that the project would be a huge success, while the chairman of ABIIC; Dr. Babatunde Obada, disclosed that the project is a done deal and realizable by 2014.

He appealed to the governor to make a ‘monumental pronouncement’ about the project because it would help to encourage traders to participate effectively in the project.

According to Dr Obada, the reason to build the industrial city in Abia is to further encourage trade and commerce, as the enormous business acumen acquired by the traders over the years would be at play and the company may not spend much if the traders are fully involved.

Anticipating ground breaking ceremony in three months’ time when the rains must have subsided a bit the firm intends to complete the project by December 2014 having laid down maps and strategy to work within the time frame.

The bank financing the project also explained that their involvement with the company is to support SMEs and allow traders own their shops instead of renting it which at the long run with proper sustenance can lead to trade export in Aba

The ABIIC is a plan is to include Africa Continent among the industrialized city in the world.

After the signing of MoU Mr Orji noted that the state is attracting investors from all part of the world because of the safe and secure environment which is a plus for investment to thrive.

The large market is expected to be sited at Aba the commercial hub on completion would consist of many industrial clusters.

Source: http://www.channelstv.com/home/2013/05/19/abia-signs-mou-to-build-industrial-city/

Good move but coming from T.A, I don't want to believe this untill is done

Any news with 't.a orji' in it is bad

Princeparix: he would own 60% of the industrial city abi?

I don't think Governor Theodore "he's just like Mandela" Orji would own 60% of the hub. Genuine businesspeople would instead, be the main beneficiaries.

Is their any such thing as industrial market? We need more factories!

y

chidindufrank: Good move but coming from T.A, I don't want to believe this untill is done

^^^Precisely! Regarding projects in Abia under T.A.Orji, we all answer Mr D. Thomas until we can see or touch it.

Soon they would erect plan and develop structures without an EIA. #justSAYING

Way to go, think home.

T.A Orji again?
What manner of industrial market can you build in just one year and it competes 'comparably' with international ones?

Which international industrial market is your standard by the way? At least so we will know how to compare after completion.

I think Gov.T.A ORJI is determined to change the face of Abia considering what he has done so far and the one's he is doing.It is my prayer that he would maintained the pace and also complete whatever project(s) he has started.He should also see to the resuscitation of the moribund companies in Abia especially Golden Guinea and others.

Another mou signed while the previous ones gone to the winds!
Any mou signed by t.a orji is nothing but scam- na media wash meant only for the gullible minds.

I hear you.... Industrial abbraccadabra.

Princeparix: he would own 60% of the industrial city abi?

Probably. Am not so sure.

He was once called ''Mandela of Nigeria'' by one of his people. Ochendo!

papaejima1: T.A Orji again?
What manner of industrial market can you build in just one year and it competes 'comparably' with international ones?

Which international industrial market is your standard by the way? At least so we will know how to compare after completion.

My thoughts exactly. I was 1st confused when I saw 2014, I thot it was a mistake. T.A Orji, calm down. We know better.

Good for u. Whether u like it or not, ACN is creating an avenue for a healthy competition. Nobody wanted to be left behind. Now dnt call me an ACN apologists, i'm jes saying my mind o

papaejima1: T.A Orji again?
What manner of industrial market can you build in just one year and it competes 'comparably' with international ones?

Which international industrial market is your standard by the way? At least so we will know how to compare after completion.

relax na. Even a shed whithout walls is an international comparison by the eastern standard!
U knw all those four straight timbers with a zinc roof? U go fear na

Theo orji should not build anything again abeg before he will build Abia's future away, e don do. We appreciate what he has not achieved and can't wait for him to leave.

Rubbish!

i would have believed it if julius berger was the person awarded the project, because then i know it would be legit, they would do good quality work, instead of these no names that will cheat and do a half hazard job.

akos123: I think Gov.T.A ORJI is determined to change the face of Abia considering what he has done so far and the one's he is doing.It is my prayer that he would maintained the pace and also complete whatever project(s) he has started.He should also see to the resuscitation of the moribund companies in Abia especially Golden Guinea and others.

I'll forgive u, cuz u know not what u say.
#blasphemy.

SLIDE waxie: relax na. Even a shed whithout walls is an international comparison by the eastern standard!
U knw all those four straight timbers with a zinc roof? U go fear na

Guy, slow down ohh with your yabis..... I don't know if your own people are better?

MoU's in nigeria are a scam. I've never seen one become a reality.

Today is the 20th of May 2013 @ 10:35am Nigerian time, mark this day n my words that building will never be constructed, all these are just means for T Orji to continue his looting, which is like the oldest tick in d book of corruption, (make the signing public, den send people to clear the grass n lay foundation den shut it down, the money is already in his account) since the man became governor he has not made any logical or meaningful contribution to the improvement of the state I wonder y the people actually finks he will start now. T A Orji is the perfect definition of corrupt government, I say it again his government will NEVER CONSTRUCT THAT BUILDING.

J12: MoU's in nigeria are a scam. I've never seen one become a reality.

Bros, na only you don comment for dis thread! End of Story.

akos123: I think Gov.T.A ORJI is determined to change the face of Abia considering what he has done so far and the one's he is doing.It is my prayer that he would maintained the pace and also complete whatever project(s) he has started.He should also see to the resuscitation of the moribund companies in Abia especially Golden Guinea and others.

In which continent do u live. Abia esp Aba is more rotten than the word 'rotten' itself. I 4give u cos u know not what is happening. Even ur pig would despise living on Aba Roads & markets.

we all knw it is a scam...pls sum1 shuld tell him dat he shuldnt bother wit all these jagoons....cant wait 4 him 2 leave dat sit.....na only 4 radio nd tv u go hear say Aba na smal London bt wen u reach there na u go knw say d place worst pass Ajegunle nd Mushin

All na wash

Kreativ:

In which continent do u live. Abia esp Aba is more rotten than the word 'rotten' itself. I 4give u cos u know not what is happening. Even ur pig would despise living on Aba Roads & markets.

Enyimba town- Obodo ndi ara!
lol

What of Aba? Why may he not renovate existing facilities instead of starting a new one?