The Managing Partner of Paul Usoro & Co., Mrs. Mfon Usoro, was appointed by the Akwa Ibom State Government (“AKSG“) in 2016, to head the Akwa Ibom State Technical Committee on the Ibom Deep Sea Port and Ibom Industrial City (the “TC“). The TC is a high-powered private sector-led committee, charged with the task of the realization of the IDSP and IIC projects.
The Ibom Deep Sea Port (“IDSP“) project is a Federal Government project driven by the Federal Ministry of Transportation, AKSG and the Nigerian Ports Authority (“NPA“). The sea port is designed for very large vessels having a capacity of over 13 thousand containers in one voyage, and will serve as a world-class deep sea port with potential to be a major logistics hub in the West and Central African region.
The Ibom Industrial City (“IIC“) project on its part is a project geared towards the development of a smart, modern and attractive, safe and secure place to do business and live in. The IIC will be developed on 14,517Ha area of land in the South East region of Nigeria carved out of two local government authorities (Mbo and Ibeno) in Akwa Ibom State. The 14,517ha of land has been acquired and has been designated as a Free Trade Zone by the Federal Government of Nigeria. The rationale behind the development of the IIC is to design a fully integrated city where industries and their supply chain will be in close proximity to each other to maximize efficiency. Accordingly, The city will take advantage of its location and natural resources to include the IDSP. In addition to the IDSP, the master plan for the IIC stipulates that the city will comprise residential areas, mixed use zones, education hub, light industry, heavy industry, logistics, utilities, natural resources, and open space.
In furtherance of the objectives of the IIC, the master plans for the IDSP, and the IIC are being developed concurrently.
For more information on the project status visit http://idsp.ak.gov.ng