Business Park

"Energy‘s like the blood pumping through your veins.
If there‘s no blood, there‘s no life.”

– Akinwumi Adesina, President of the African Development Bank

Creating an eco-friendly self-sustaining park with access to water, electricity and sanitation for companies, students and residents to support economic and social development.

The Godfrey Okoye University will provide a 400,000 m² property for the Business Park. This Business Park will ensure adequate infrastructure for its tenants and the campus with guaranteed water supply as a pure ground water source was located on the property.

It will also be supplied with energy by on-site solar (70%) and gas-combustion (30%) power plants. Garbage disposal will be managed with an on-premise composting plant All buildings located at the business park will be built with modern and eco-friendly rammed earth and bamboo construction techniques. The Business Park will providing a secure and economically beneficial environment for doing business and hence the first European companies have already committed to invest (Sectors: construction, energy, agriculture, tourism, services, manufacturing, and healthcare).

Up to 500 people will be employed by companies located at the Business Park keeping the value added in the region.

Milestones

Project initiation 2019

  • Completed project masterplan including the whole infrastructure planning

  • Financing Phase I concluded

  • Security concept implemented

  • 2020
  • Access road built and paved

  • Grounds prepared and ready for construction

  • Water found and test drilling completed

  • Water supply secured
    1 of 3 wells completed

  • Landlines and Internet installed and ready

  • Completed the construction and planning office

  • IT department built and equipped

  • Start of construction work to secure the power supply and wastewater disposal system
    On-site solar (70%) and gas-combustion (30%) power plants.

  • Pond walkway construction started

  • Start of construction for a coulvert to connect the business park area to the solar power field and the extension of the business park

  • Third borehole completed. Annual capacity of 120.000 m³ drinking water secured.

  • Replanning of the existing unfinished hostels completed

  • Renovation and completion of the showroom of the unfinished existing hostels on campus

  • Planning for the first new offices & classrooms on campus has started

  • Planning of the TV and Radio station completed

  • 6 boreholes with a capacity for 6.000 people completed

  • Natural drainages along the walkway

  • Walkway with 7 recreation areas completed

  • Main construction of coulvert completed, preparation of the connection road.

  • Start of the internal road and drainages construction for the business park.

  • Drainage construction

  • Difficult works during rain season.

  • Start of the construction of classroom & office buildings

  • Hostel renovation are moving forward.

  • Hostel bathroom renovation

  • Road- and drainage-construction moving forward.

  • Drainages for the main road completed.

Sustainability & Vision

Providing sustainable livelihoods for the Nigerian youth through education and employment opportunities, while keeping the value added in the country and hence preventing irregular migration.

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Education

Training the youth in market-oriented skills together with the local university and European SMEs to meet the needs of the market for a skilled and certified labour force.

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Start-Up Centre

Partnering with the existing Umuchinemere Procredit Micro Finance Bank Ltd (UPMFB) to support further business development.

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