Enyimba Economic City Updates - Politics - Nairaland
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Enyimba Economic City: Okezie Ikpeazu Speaks Of His Legacy Project / Ikpeazu: We'll Equip Enyimba Economic City With Uninterrupted Power Supply / FG Takes 20% Equity In Abia Economic City, Says Ikpeazu. (2) (3) (4)
| Enyimba Economic City Updates by horsepower102: 9:45am On Jul 09, 2023 |
Phase 1 of 6 of Enyimba Economic city to commence 3rd quarter of 2023. Enyimba Economic City (EEC) is a 9,464 Hectares of Work, Live, Learn and Play Vibrant Integrated City with growth sectors in Industrial Activities, Logistics, Lifestyle Residential, Entertainment, Health/Medical, Knowledge/Tech Hub and Aviation, designed to be The Global Business Hub in Nigeria. It is a Special Economic Zone (SEZ) under the Made in Nigeria for Export (MINE) Programme of Federal Government of Nigeria. It has a Free Trade Zone Status. https://www.youtube.com/watch?v=aCvlzjFSYy8 Phase 1 which is 1,449 Hectares is comprised of the first industrial township/park, dry port/logistics park, wholesale market, trailer park and other ancillary uses. 3 Likes
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| Re: Enyimba Economic City Updates by horsepower102: 9:52am On Jul 09, 2023 |
Major Highlights of the first phase: Industrial and Residential townships Logistics Inland Port 2 Likes |
| Re: Enyimba Economic City Updates by horsepower102: 9:57am On Jul 09, 2023 |
A consortium made up of Enyimba Economic City Development Company FZE (Project Lead); CCECC Nigeria Limited, (EPC); Escher Silverman Global, UK (Technical Adviser, Design & Construction Supervision); Insta – Toll, South Africa (Operations and Maintenance) and Afrinvest (WA) Ltd (Financial Advisory) has been awarded a 25 year concession of two major access highways connecting the city: Enugu – Port Harcourt A3 (200km) and Onitsha – Owerri – Aba (161km) highways under the Highway Development and Management Initiative (HDMI) program of Federal Government of Nigeria. They emerged preferred bidders on April 21, 2022, and negotiated the concession early this year and signed the Concession Agreements on May 26, 2023. This means that the following Highways will be rebuilt, tolled and maintained for 25 years by Enyimba Economic City Enugu-Port Harcourt Expressway Onitsha-Owerri-Aba Expressway 2 Likes |
| Re: Enyimba Economic City Updates by horsepower102: 10:03am On Jul 09, 2023 |
In addition to the 2 concessioned expressways, a Brand New third Expressway will be constructed by Enyimba Economic City 86 km brand new highway from Azumini in Abia State to Obinze in Owerri, Imo State 4 Likes |
| Re: Enyimba Economic City Updates by horsepower102: 10:07am On Jul 09, 2023 |
In a major partnership between Enyimba Economic City, CCECC (chinese construction company) and Nigerian Port Authority, the first phase will include a construction of a rail line from Onne Port to the Inland Port to facilitate exporting of manufactured goods in the zone. 3 Likes |
| Re: Enyimba Economic City Updates by igwebuike01: 10:09am On Jul 09, 2023 |
Any pictures or videos of actual work on site? |
| Re: Enyimba Economic City Updates by horsepower102: 10:15am On Jul 09, 2023 |
Enyimba Economic city has also secured land outside the zone to facilitate the construction of the first phase. They secured Lands in Aba and Osisioma. In Osisioma, they will build their office and residence for workers involved in the project In Aba, they have partnered with Marriott to build a 10 story 4 star hotel to accomodate partnering foreigners and investors involved in the project 2 Likes |
| Re: Enyimba Economic City Updates by horsepower102: 10:21am On Jul 09, 2023 |
Investors? According to Darl Uzu (Manager) recent interview, about 101 anchor investors within China, India and Nigeria are ready to set up their facilities in the zone. Afriexim bank is financing 75% of the first phase while First bank of Nigeria is financing the remaining 25% of the first phase 3 Likes |
| Re: Enyimba Economic City Updates by horsepower102: 10:26am On Jul 09, 2023 |
igwebuike01: Will post once available 1 Like |
| Re: Enyimba Economic City Updates by BossGerald: 10:28am On Jul 09, 2023 |
Oga give us real pictures 1 Like |
| Re: Enyimba Economic City Updates by horsepower102: 10:29am On Jul 09, 2023 |
Phase 2 of the project will commence immediately after phase 1 according to Mr. Uzu. Phase 2 will be a medical city. "KPMG has completed the study for the Phase 2 Medical City, and we are working on that with The Hospital Company (THC), a Consortium of 50 top medical doctors of Nigerian origin in the US and Europe. " https://www.thisdaylive.com/index.php/2023/07/08/darl-uzu-i-was-born-to-make-a-difference-in-the-lives-of-others 3 Likes |
| Re: Enyimba Economic City Updates by Penguin2: 11:02am On Jul 09, 2023 |
Governor Otti should see this through. If Abia gets it right, together with Anambra, it can become the new headquarters of Igbo trade. Alaba will easily be relocated so that “Yoruba Ronu” people can use the land to build BRT park like they’ve been longing to do. 8 Likes |
| Re: Enyimba Economic City Updates by slimfit1(m): 11:37am On Jul 09, 2023 |
If only Igbo people can tap the Aba technologies and production. They should be the next China where we should be running to for products. Just and injection of billions would make the east a desirable location for production of goods and services. 2 Likes |
| Re: Enyimba Economic City Updates by aieromon(m): 11:41am On Jul 09, 2023 |
igwebuike01: Construction works yet to commence. https://www.nairaland.com/4625486/abia-govt-signs-mou-2 https://businessday.ng/uncategorized/article/enyimba-economic-city-ifc-sign-mou-to-market-project-to-global-market/ https://www.youtube.com/watch?v=JItUu0E41Tk https://www.youtube.com/watch?v=S0ysTjLhbF0 |
| Re: Enyimba Economic City Updates by RuddyFusion(m): 11:44am On Jul 09, 2023 |
25 years not far We will be alive ( if Christ tarries ) to see to the end of this project 2 Likes |
| Re: Enyimba Economic City Updates by horsepower102: 12:00pm On Jul 09, 2023 |
Penguin2: Enyimba Economic City is a game changer. It will be the first modern city in Alaigbo. I believe once they start executing, a revolution in city planning will start because everyone will try to copy its design. 4 Likes |
| Re: Enyimba Economic City Updates by christejames(m): 12:48pm On Jul 09, 2023 |
Hope construction has kicked off? |
| Re: Enyimba Economic City Updates by horsepower102: 12:56pm On Jul 09, 2023 |
christejames: look at the timeline that i posted on top. Construction is scheduled to start this month. 2 Likes |
| Re: Enyimba Economic City Updates by HappenStone: 1:53pm On Jul 09, 2023 |
OP, you in Abia currently? How many of hours of light do you get? Is it comparable to that of Enugu state? |
| Re: Enyimba Economic City Updates by Ogene001: 3:13pm On Jul 09, 2023 |
HappenStone:I heard that Aba is having some glitches because geometric is still struggling to settle the debts he paid to EEDC, but it soon be over 2 Likes |
| Re: Enyimba Economic City Updates by Rayzoom: 3:26pm On Jul 09, 2023 |
horsepower102:Long awaited! I will be the happiest person on earth seeing construction on the site. 1 Like |
| Re: Enyimba Economic City Updates by LOVEALAIGBO: 5:33pm On Jul 09, 2023 |
horsepower102: I admire your optimism! 1 Like |
| Re: Enyimba Economic City Updates by horsepower102: 6:11pm On Jul 09, 2023 |
LOVEALAIGBO: My guy, there are many good things on plans for the south east. Don’t let the current news cycle deceive you. Let’s keep our eyes on the developmental goals. Big things are coming. Trust me. 1 Like |
| Re: Enyimba Economic City Updates by ImperialYoruba: 6:16pm On Jul 09, 2023 |
This city development has been on design board for 2 decades, they keep recycling with new marketing gimmicks. You need Yoruba to help you develop and turn this city into reality. Ibo lack knowledge in urban development. |
| Re: Enyimba Economic City Updates by aieromon(m): 6:28pm On Jul 09, 2023 |
Ogene001: - Legal battle resolved with a settlement payment of 26million USD to EEDC in February 2022. https://sunnewsonline.com/geometric-power-finally-acquires-aba-ring-fence-after-9-years-dispute/ - Paid 400million NGN to Federal regulatory agencies in the power sector. - Aba Ring fence network disconnected by TCN in April 2023 and reconnected after 10 days upon payment of 120million NGN. https://www.youtube.com/watch?v=i8DKdEmPKMs - Currently, Aba Power purchases electricity from Niger Delta Power Company (NDPC). This is then distributed to its customers. - Osisioma gas turbines expected to start electricity generation before September 2023. This will make Aba Power Limited the first DISCO to generate and distribute electricity in Nigeria. - Customer debt to Geometric is 2.4billion NGN while Aba Power is 4billion NGN. https://www.youtube.com/watch?v=DhVHFDAbfG4 2 Likes |
| Re: Enyimba Economic City Updates by aieromon(m): 6:33pm On Jul 09, 2023 |
The 188-megawatt Geometric Power plant in Osisioma Industrial Layout in Aba, the commercial hub of Abia State, will start to generate electricity in the next two months, according to Bart Nnaji, chairman, Geometric Power Group. https://businessday.ng/news/article/geometric-begins-electricity-generation-next-two-months-nnaji/ 2 Likes |
| Re: Enyimba Economic City Updates by horsepower102: 6:51pm On Jul 09, 2023 |
Ogene001: Read this news from yesterday about geometric power. They have started generating power starting with one out of four turbines. This is a big deal. Geometric Power Plant to add 188MW to national grid By Sulaimon Salau 09 July 2023 | 3:44 am Electricity generation in the country is on the verge of receiving a boost as Geometric Power Plant in Aba, Abia State, is set to add 188 megawatts (MW) to the national grid in the next two months. The Group Chairman, Geometric Power, Prof. Barth Nnaji, who is also a former Minister of Power, disclosed this in a statement, saying the plant would start operations with one of its four General Electric brand turbines. He added that the second would come on stream once the performance of the first turbine is declared satisfactory by the team of engineers led by KSE Energy of Turkey and a former Executive Director of the defunct National Electric Power Authority (NEPA), Ben Caven, reputed to be the only person to have run the generation, engineering and transmission divisions of the Authority before it was privatised. https://guardian.ng/business-services/geometric-power-plant-to-add-188mw-to-national-grid/ 1 Like |
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