Ikpeazu Seeks Fund For N500b EEC Project In South Africa

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Abia state governor, Okezie Ikpeazu has left for South Africa to meet with global investors for funding for the proposed N500b Enyimba Economic City (EEC) project initiated by his administration.

The meeting will be the governor’s second engagement after participating in the 2019 Africa Investment Forum (AIF) in Johannesburg organized by the African Development Bank (AfDB).

According to a statement by the chief press secretary (CPS) to the governor, Barr Onyebuchi Ememanka, Ikpeazu was invited to the meeting by the president of the AfDB, Dr. Abraham Adesina.

“The event is being attended by many African presidents and heads of governments including Paul Kagame of Rwanda, political leaders and businessmen from across the continent and beyond.

The statement obtained by LEADERSHIP explained that the efforts are aimed at raising additional $400 million required for the first phase of the project expected to start in the first quarter of 2020.

He further said, “The project…



Source: Leadership Newspaper