Blog Grid 3 Column

• 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.

• Enabling Regulations and Institutions.

• 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.

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,

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 504MVA dedicated gas-powered generating station

• 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.