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Justification and Project Objectives

The Abia International Industrial City (ABIIC) Project is a component of Real Alternative Vision Project (RAVP) of Acroideation International Limited, born out of the compelling need of the African Oriented Economic Development Strategy.

It is also designed and structured to drive the productive segment of the informal sector of Nigeria into the rich marginal field of the global economy.
In Africa, Nigeria has the highest concentration of micro\medium enterprise and artisans otherwise known as “Informal Sector Operators”. It is on the premise that “Nigeria has huge potentials in these sectors of the Economy” that the United States of America (USA) established the African Growth & Opportunity Act (AGOA Bill) to create for the African continent, a platform for the large markets. Since then, Nigeria has introduced only few competitive products to the global market – asides its oil.

In 2005, the Federal Government of Nigeria commissioned a research through Oxford University London and the Nigerian Unit of UNIDO to establish key sectors of the economy that have the capability to “break the curse of oil”.

The result of this research established three sectors of the economy as having the key to unlocking the economic fortunes of Africa's most populous nation – Nigeria. The three identified production industries are:
-   Textile/Garments; and
-   Footwear and Leather Goods.

The implementation of the ABIIC project is therefore with the following objectives in mind:
To develop, set in motion and actualize an effective operational strategy for a world class industrial hub with job capacity of about 200,000 – and providing an enabling and healthy environment plus state ofthe art infrastructure for small and medium scale entrepreneurs/artisans, industries, financial

a.      institutions, the hospitality sector and various service providers beginning with Aba, Abia State as pilot project; thereby causing the re- industrialization of Nigeria, particularly restoration of Aba's “real glory” as the “Japan of Africa”;
b.      To address the challenges of the under utilization of “AGOA” in Nigeria;
c.      To achieve at least 10% of the global trade value in the garments, textile, footwear and leather goods industries;
d.      To complement Millennium Development Goal (MDG) efforts geared towards reducing unemployment; and
e.      Reactivate the underutilization of the Nigerian market capacity in the informal sector.