THE GLOBAL BUSINESS HUB IN NIGERIA
Enyimba Economic City (EEC) is a 9464 Hectares of Work, Live, Learn and Play City designed to have economics of agglomeration, environmentally conscious, efficient and sustainable city in Nigeria. EEC is an investment destination created to leverage on the opportunities Nigeria offers to bring about job creation and regional development through industrialization. It is a Special Economic Zone (SEZ) under the Made In Nigeria for Export (MINE) programme of Federal Government of Nigeria. It has a Free Trade Zone Status.
8 PILLARS OF THE PROJECT
PHASES OF THE PROJECT
Phase 1- 1,499 Ha
Phase 1 is comprised of the first industrial township/park, dry port/logistics park, wholesale market, trailer park and other ancillary uses.
Phase 2 – 279 Ha
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 – 291 Ha
Phase 3 is comprised of the entertainment and media sub-city.
Phase 4 – 2,743 Ha
Phase 4 is comprised of the residential township and central business district (CBD).
Phase 5 – 4,417 Ha
Phase 5 is comprised of the second, third and fourth industrial townships.
Phase 6 – 461 Ha
Phase 6 is comprised of aviation comprising of international airport and aircraft maintenance hangers.
Term Sheet has been signed for debt finance for Phase 1 of the project with Afreximbank and financial closure process is at due diligence stage and projected to be completed in Q3 2022.