Enyimba Economic City Wins Business Plan of the Year 2019

The Enyimba Economic City (EEC), a brain child of Governor Okezie Ikpeazu-led administration, has won the first Charter Cities Business Plan Contest for 2019 with a cash prize of $25,000.

To clinch the coveted prize, the Enyimba Economic City beat several other participating Cities from around the world including Blackstone Charter Cities of Australia and Novgorod New Hanse Town of Russia who came 2nd and 3rd respectively.

In a statement released by the Charter Cities Institute, organisers of the contest, the institute said it is “pleased to announce the winners of our Charter Cities Business Plan Contest. After application reviews and interviews, 1st prize and $25,000 is awarded to Enyimba Economic City (Nigeria), 2nd prize, $10,000, to Blackstone Charter Cities (Australia), and 3rd prize to Novgorod New Hanse Town (Russia).

“We launched the Charter

Cities Business Plan Contest to identify teams around the world with forward-looking, viable plans for a Charter City. The winners each exceeded our expectations regarding the location, target industries, and growth potential of their respective Charter Cities.

The Charter Cities Institute looks forward to working with all three teams as they execute their plans”.

The Enyimba Economic City is a 9464-hectare Greenfield Charter City. It will connect the 9 states of South-East and South-South Nigeria, with a population of about 60 million, turning the area into a global business hub. The city will leverage existing / improved infrastructure, including high-grade roads, rail, airports, inland ports, natural gas pipelines, a 540 MW power plant, water treatment and waste management. Enyimba Economic City will feature a state-of-the-art administrative structure to attract residents and businesses.