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The Anambra State government took a major step forward in its plan to transform the state’s economy by hosting a stakeholders’ engagement session on the proposed master plan for the Anambra Mixed-Use Industrial City, a massive project valued at billions of naira.
The Soludo administration is spearheading a groundbreaking initiative, integrating disparate economic sectors through a masterplan that catalyzes industrial growth and fosters a thriving economy.
With the theme: ‘Understanding Anambra Mixed- Use Industrial City Draft Masterplan (AMIC)’, experts x-rayed some of the key components of the masterplan which are: Entertainment Recreational and Leisure Zone, Non Processing Zone (Residential), Financial District and Services Sector, Solar Park, Railway Siding Facilities and Logistics Hub, Automotives and Motor Vehicles Assembly Zone.
The plan encompasses various dedicated zones, including a cutting-edge agro-industrial complex, a textile and leather production hub, a tariff-free area for local businesses, a chemical and pharmaceutical precinct, and a bustling export center, among others.
Mark Okoye, at the helm of ANSIPPA, emphasized the need for a united approach, stressing that the stakeholders’ engagement was a critical step in harnessing the collective expertise of both public and private sectors to deliver the groundbreaking Mixed-Use Industrial City project.
According to Okoye, this collaborative effort will guarantee that Anambra State’s economic sectors are thoroughly benchmarked against global excellence, paving the way for unprecedented growth and development.
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Okoye acknowledged the vital contributions of a broad spectrum of stakeholders, including community leaders, private sector innovators, scholars, and media professionals, whose diverse insights and expertise significantly enhanced the initiative’s potential.
Okoye announced that the project will access a range of financing options, with the African Export-Import Bank already committed, and active engagements with the African Development Bank and other development finance institutions to explore additional funding avenues.
C. S. Narayanan, Chairman and CEO of Artelia Consulting Engineers, the project’s consultancy firm, unveiled a comprehensive draft masterplan and a detailed feasibility study, outlining the project’s vision and potential.
Narayanan walked the audience through the rigorous journey that led to the development concept, highlighting the importance of collaborative stakeholder engagements and the valuable insights gleaned from multilateral financing institutions.
Narayanan highlighted that the industrial city project is squarely aligned with Governor Chukwuma Charles Soludo’s vision for industrialization, poised to drive economic growth and transformation in the state.