| Work Detail |
NCDMB Commends Abia State Governor For Construction Of Abia Industrial Innovation Park Project. Simbi Kesiye Wabote, the Executive Secretary of the Nigerian Content Development and Monitoring Board (NCDMB), has lauded Governor Alex Otti of Abia State for the establishment of the Abia Industrial Innovation Park (AIIP) in Owaza, Ukwa West Local Government Area. The Abia Industrial Innovation Park is a visionary project encompassing a range of facilities. It includes a Technology Innovation Centre, a Modern Vehicle Assembly Plant, a Power Generating Plant, and a Liquefied Petroleum Gas (LPG) Manufacturing Plant. It will also include an LPG and Compressed Natural Gas (CNG) Tank Farm, Haulage, and Warehousing Facility. Additionally, it will also have an Agricultural Storage and Processing Facility, a Mini Seaport, a Five-star Hotel, and a carbon-neutral residential estate. Infrastructure To Be Provided To Businesses Located In Abia Industrial Innovation Park. Under this scheme, infrastructure like power supply and utilities such as road networks, water, and waste treatment are provided to businesses located on the site. This shared-services approach allows manufacturers to focus solely on their core business activities, without the added burden of power generation and infrastructure development. He referred to the local content philosophy of the Federal Government, emphasizing domestication and domiciliation of high value-adding activities. He explained how the Nigerian Oil and Gas Park Scheme (NOGaPS) was established to address challenges such as high production costs for local manufacturers. |
