Recent comments

LATEST News

Abia, Crown sign agreement for Enyimba Free Trade Zone


The call by Abia state Governor Dr Okezie Ikpeazu on Igbo businessmen and entrepreneurs outside Igbo land to come home and invest is yielding dividends as the Abia State Government has signed a public private partnership (PPP) agreement with Crown Realties PLC to build the first Enyimba Free Trade and Industrial zone at Aba, the Commercial nerve centre of the South-East.

The project is expected to be strategically located within the Aba zone with world class anciliary facilities and infrastructure.

Under the arrangement, signed by the Secretary to the State Government (SSG) Dr Eme Okoro, on behalf of the State, Crown Realties will conceptualize, design, finance, develop, construct,operate and maintain the industrial economic Free Trade Zone that integrates industrial production, marketing, warehousing, Logistics, leisure, residential accommodation, schools, Hospitals and entertainment centers among other facilities.

Speaking during the agreement signing ceremony at the Government House Umuahia, Governor Ikpeazu said that the economy of South East States will be better developed when the indigenes themselves contribute towards its development by bringing home their investment.
He pledged his administration's commitment to the project and assured that the project, when completed, will serve Abia well.

In his speech, the Chief Executive Officer of Crown Realties PLC, Darl Uzu stated that the establishment of the industrial zone is in line with the call by the Governor for Abians to come home and invest as well as to key into his administration's pillars of development.
He promised to drive the project in the best interest of the state in order to further bring development to Abia state and the south east.