Wednesday, April 17, 2024
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“Abia Eyimba Economic City to push Nigeria, India trade volume to $20 billion”, Says Investor

 

Managing Director of Crescendo Worldwide, an Indian consulting firm specializing in foreign direct investment (FDI), Mr. Vishal Jhadav predicts that the Enyimba Economic City (ECC) in Abia State will increase trade volume between Nigeria and India to $20 billion.

At a dinner celebration for his achievements, Jhadav gave this information to reporters in Abuja. The Enyimba Economic Development Company (EEDC), the brains behind ECC, arranged the occasion.

According to Jhadav, cooperation with other stakeholders and businesses in the private sector will result in the creation of between 2000 and 3000 new employment in Enyimba Economic City.

He added that these efforts are anticipated to bring in about $400 million in trade and investments, expanding their reach from Nigeria to markets throughout the African continent.

According to him, the EEC is set to provide businesses in India and around the world unmatched investment opportunities.

Enyimba Economic City is a public-private partnership (PPP) project of Crown Realties Plc, the Abia government, and the federal government. It is located on a 9,803-hectare greenfield special economic zone in Abia State.

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