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
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Completed project masterplan including the whole infrastructure planning
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Financing Phase I concluded
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Security concept implemented
- 2020
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Access road built and paved
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Grounds prepared and ready for construction
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Water found and test drilling completed
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Water supply secured
1 of 3 wells completed - •
Landlines and Internet installed and ready
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Completed the construction and planning office
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IT department built and equipped
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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
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Start of construction for a coulvert to connect the business park area to the solar power field and the extension of the business park
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Third borehole completed. Annual capacity of 120.000 m³ drinking water secured.
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Replanning of the existing unfinished hostels completed
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Renovation and completion of the showroom of the unfinished existing hostels on campus
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Planning for the first new offices & classrooms on campus has started
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Planning of the TV and Radio station completed
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6 boreholes with a capacity for 6.000 people completed
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Natural drainages along the walkway
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Walkway with 7 recreation areas completed
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Main construction of coulvert completed, preparation of the connection road.
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Start of the internal road and drainages construction for the business park.
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Drainage construction
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Difficult works during rain season.
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Start of the construction of classroom & office buildings
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Hostel renovation are moving forward.
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Hostel bathroom renovation
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Road- and drainage-construction moving forward.
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Drainages for the main road completed.
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Completion of the planning of the power supply
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Water treatment facility: Planning completed, contracts awarded.
- 2022
Grand opening
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.
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.
Start-Up Centre
Partnering with the existing Umuchinemere Procredit Micro Finance Bank Ltd (UPMFB) to support further business development.