Enyimba Economic City (EEC) is a 9803 hectare Greenfield Integrated City, connecting 11 States of South South/South East within 150Km radius and captive population of close to 60 million. It planned to be a 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 under the Federal Government of Nigeria's Made in Nigeria for Export (MINE) Programme, EEC functions as a duty-free and Special Economic Zone (SEZ) with the goal of transforming Abia State, Nigeria into a manufacturing and industrial powerhouse.
Enyimba Economic City has a Free Trade Zone Status and offers world class infrastructure, including dedicated 24/7 power and broadband internet to promote the integration of Nigerian businesses into regional and global value chains. The project has been completely conceptualized, and Phase One has been planned, designed and is ready to commence. A term sheet has been signed with Afreximbank for a total of $201.7 million, with $150 million being underwritten by them.
EEC is the proud winner of the prestigious New Cities Business Plan Contest of the Chartered Cities Institute in Washington DC in 2019, beating Black Stone Charter City in Australia to second price and Novgorod New Hanse Town in Russia to third place, with cash award of $25,000. Additionally, the city is a registered member of the esteemed World Free Zones Organization, exemplifying its global ambition.
To create a global economic hub in Nigeria linked with high grade access roads, rail, airports and seaports that will transform Nigeria into a manufacturing and industrial powerhouse, with ancillary drivers of commerce, logistics, entertainment, education, health, lifestyle living and aviation.
To be a vibrant integrated city and a connected global business hub in Nigeria that will promote the integration of Nigerian businesses manufacturing and Services into regional and global value chains.
We are dedicated to excellence, collaboration, integrity, sustainability, innovation, customer-centricity, and diversity and inclusion. These principles guide us in achieving the highest standards of quality, fostering partnerships for mutual growth, driving innovation, and prioritizing customer satisfaction..
Phase 1 is comprised of the first industrial township/park, dry port/logistics park, wholesale market, trailer park and other ancillary uses.
Phase 2 is comprised of health and wellness, knowledge and Innovation sub-cities. KPMG is currently consulting on the phase 2 of the project and is expected to produce the Project Information Memorandum (PIM), including Business Case by Q4 2022.
Phase 3 is comprised of the entertainment and media sub-city.
Phase 4 is comprised of the residential township and central business district (CBD).
Phase 5 is comprised of the second, third and fourth industrial townships.
Phase 6 is comprised of aviation comprising of international airport and aircraft maintenance hangers.
Project is Pilot of Federal Government Program of Made In Nigeria for Export (MINE).
Both Abia State and Federal Government of Nigeria are Equity Investors in the project.
The structure of the PPP is that it will be driven by the Private Sector with World Class Governance Regime.
Relentless Pursuit of Perfection for enabling business conditions in the city for its Inhabitants.
Equal opportunity and Non-Discriminatory Policy.
Responsive and responsible. Ensuring The Welfare of Inhabitants.
Transparent Processes and Adoption of Blockchain Technology.
Empathetic where Inhabitants needs, and welfare are supreme.
Providing all round support on Investment Journey.
Complete holiday from all federal, state and local government taxes, rates, and levies.
Duty-free importation of capital goods, machinery/components, spare parts, raw materials/ consumable items in the zones
100% foreign ownership of investments
100% repatriation of capital, profits and dividends
Waiver of all imports and export licenses
Waiver on all expatriate quotas for companies operating in the zones.
100% capital allowance in any year of assessment.
Export into the Nigerian customs territory up to 100% of product produced, assembled or packaged
Export into the Nigerian customs territory up to 100% of product produced, assembled or packaged within the Zones.
Tax exemption on proceeds re-invested.
Tax exemption on gain arising from take-overs, absorption or merger.
Double taxation relief.
Tax exemptions on interest on bonds and short-term securities, and proceeds of the disposal of Government and corporate securities.
One stop approval for permits, operating licenses and Business Incorporation.
Independent regime on Immigration and Customs.
Digital Infrastructure to enhance broadband penetration, data sharing and security.
Physical Integration as described in Connection
Get International Certifications in various growth sectors, create markets and build competencies in International Trade.
Implement quality and enforce global standards.
Establish Trade Remedy Infrastructure.
Create offshore financial center.
Reliable high fidelity Broadband Internet.
Build institutional capacities.
I am proud to present Enyimba Economic City in Nigeria to you.
Enyimba Economic City is a 9,464 Hectares of Greenfield vibrant integrated city.It is a Special Economic Zone with growth sectors in Manufacturing, Logistics,Healthcare, Entertainment, Education, Innovation and Technology Hub,Commercial, Lifestyle Residential and Aviation.
Enyimba Economic City is planned to be a ‘Global Business Hub’ in Nigeria and in doing so, we have considered all key performance issues that will make it a preferred investment destination in Africa.
The city has world class internal infrastructure including 24/7 dedicated power supply, efficient water works, waste treatment, high speed internet and technology enabled security etc. We equally intervened in external connection by taking concession of a total of 447 kilometers main highways providing maximum of 90 minutes connection to 11 states of southeast/southsouth states of Nigeria with captive population of 60 million people.
Enyimba Economic City has intermodal logistics with full Origin and Destination Inland Port connected to two (2) sea ports by rail, a planned international airport and with the concessioned transportation network/highways seamlessly connects economic activities in the city to local, national, cross boarder and global markets.
As a Special Economic Zone, the city has a special status with enabling Regulations and Institutions to support businesses including one-stop approval permits, operating licenses and business incorporation, independent regimes on immigration, customs etc. making it business friendly, efficient with transparent governance.
The city enjoys unparalleled incentive package to businesses offered by both State and Federal Government of Nigeria including, complete holiday from Federal,State and Local Government taxes, duty free importation of capital goods, machinery and components, spare parts, raw materials and consumable items, waiver on all expatriate quotas for companies operating in the city etc.
Enyimba Economic City provides easy and immediate access to captive market of 60 million people locally, 213 million nationally, 450 million cross boarder in West Africa subregion and 1.2 Billion in Africa Continental Free Trade Area (AfCFTA).
Nigeria and Enyimba Economic City is the most ideal manufacturing transfer destination in Africa with varied endowed mineral deposits and agricultural arable land and outputs for raw materials. It has 63% of young population below 30 years,educated, that provide cheap labour to industries and businesses.
I invite you to Enyimba Economic City, as a preferred investment destination to Africa and Nigeria.I promise we are available to hold your hand and provide you with support in your journey to Enyimba Economic City including availing you with specific information that you may require, local partnerships, financing support with local banks etc.
Thank you.
Very Truly Yours,
Darlington Chibuzor Uzu
( CEO/ Managing Director )
With the A3 highway (Port Harcourt – Enugu Road) bisecting the city and the proposed 86 Kilometer Azumini – Obinze highway, the city is at the center of eleven (11) states of South south/Southeast of Nigeria with captive population of 60 million people and within maximum driving distance of 90 minutes.
Enyimba Economic City has Origin and Destination (OD) Inland Port that is connected to two (2) Sea Ports, Onne and Port Harcourt Sea Ports, each approximately 40 km to the city. The upcoming Ibom Deep Sea Port is about 45km too. The Inland Port is located on the National Rail line that connects all parts of Nigeria.
Through Aviation and the provision of an International Air Port, the inter modal connection of the city by land, sea and air to captive, national, regional and global markets is complete.
A 309,390 m3/day water Work
212,780 m3 /day waste and sewage treatment
924 m3/day solid waste handling
Integrated Information and Communication Technology that will optimize city operations to be built end to end over 10 years by a Silicon Valley based IT company, Double GDP.
Reliable high fidelity Broadband Internet.
2 active gas pipelines run through the city from Owaza captive gas field less than 4km from the perimeter from the city.
The city has proximity to two (2) existing and one proposed seaports.
Physical Integration as described in Connection
Get International Certifications in various growth sectors, create markets and build competencies in International Trade.
Implement quality and enforce global standards.
Establish Trade Remedy Infrastructure.
Create offshore financial center.
Build institutional capacities.
CEO/ Managing Director
Goodwill Message from the Chief Executive Officer of Enyimba Economic City Development Company FZE (EECD FZE), Nigeria
I am proud to present Enyimba Economic City in Nigeria to you.
Enyimba Economic City is a 9,464 Hectares of Greenfield vibrant integrated city.It is a Special Economic Zone with growth sectors in Manufacturing, Logistics,Healthcare, Entertainment, Education, Innovation and Technology Hub,Commercial, Lifestyle Residential and Aviation.
Enyimba Economic City is planned to be a ‘Global Business Hub’ in Nigeria and in doing so, we have considered all key performance issues that will make it a preferred investment destination in Africa.
The city has world class internal infrastructure including 24/7 dedicated power supply, efficient water works, waste treatment, high speed internet and technology enabled security etc. We equally intervened in external connection by taking concession of a total of 447 kilometers main highways providing maximum of 90 minutes connection to 11 states of southeast/southsouth states of Nigeria with captive population of 60 million people.
Enyimba Economic City has intermodal logistics with full Origin and Destination Inland Port connected to two (2) sea ports by rail, a planned international airport and with the concessioned transportation network/highways seamlessly connects economic activities in the city to local, national, cross boarder and global markets.
As a Special Economic Zone, the city has a special status with enabling Regulations and Institutions to support businesses including one-stop approval permits, operating licenses and business incorporation, independent regimes on immigration, customs etc. making it business friendly, efficient with transparent governance.
The city enjoys unparalleled incentive package to businesses offered by both State and Federal Government of Nigeria including, complete holiday from Federal,State and Local Government taxes, duty free importation of capital goods, machinery and components, spare parts, raw materials and consumable items, waiver on all expatriate quotas for companies operating in the city etc.
Enyimba Economic City provides easy and immediate access to captive market of 60 million people locally, 213 million nationally, 450 million cross boarder in West Africa subregion and 1.2 Billion in Africa Continental Free Trade Area (AfCFTA).
Nigeria and Enyimba Economic City is the most ideal manufacturing transfer destination in Africa with varied endowed mineral deposits and agricultural arable land and outputs for raw materials. It has 63% of young population below 30 years,educated, that provide cheap labour to industries and businesses.
I invite you to Enyimba Economic City, as a preferred investment destination to Africa and Nigeria.I promise we are available to hold your hand and provide you with support in your journey to Enyimba Economic City including availing you with specific information that you may require, local partnerships, financing support with local banks etc.
Thank you.
Very Truly Yours,