Business Hilights
Tracking Nigeria's Headline Business News Online

Abia mulls new EPZ codenamed ‘Enyimba Industrial City’ in Aba

As part of new drive to position Aba, Eynimba City as the pivot of South East industrial hub, the Abia State Governor, Dr Okezie Ikpeazu, has commenced plans to build the ‘Enyimba Industrial City’ that will make the State an export processing zone (EPZ).

Key stakeholders at the hub, according to the governor will include operators of import plant, machinery, equipment and material for the manufacture of export goods under security, without payment of duty.

Giving more details on the new development plan in Lagos, during a reception organised in his honour by various social clubs in Ukwa-Ngwa, Isiala Ngwa Local Government Area of Abia State, Ikpeazu said government has already acquired 9,000 hectares of land for the project.

He said “The plan of my administration is to make Abia State one of the states to be known as an export processing zone, and that will be enriched with developments and we are committed to this. We have taken steps to acquire land and other necessary steps will follow to make this dream a reality.”