Ibom deep seaport news

Here are some recent news updates about the Ibom Deep Seaport in Nigeria:

  1. Groundbreaking ceremony held: The Ibom Deep Seaport project, located in Akwa Ibom State, Nigeria, held a groundbreaking ceremony in October 2020 to mark the commencement of construction work. The ceremony was attended by the state governor, Udom Gabriel Emmanuel, and other dignitaries. (Source: Vanguard News)
  2. $2.5 billion investment: The Ibom Deep Seaport is expected to attract a $2.5 billion investment, making it one of the largest infrastructure projects in Nigeria. The project is being developed by the Akwa Ibom State Government in partnership with the Nigerian Ports Authority (NPA) and other stakeholders. (Source: This Day Live)
  3. Capacity to handle 1.5 million TEUs: The Ibom Deep Seaport is designed to handle 1.5 million twenty-foot equivalent units (TEUs) of cargo annually, making it one of the largest seaports in West Africa. The port will also have a container terminal, a bulk cargo terminal, and a cruise terminal. (Source: The Guardian Nigeria)
  4. Creation of jobs: The Ibom Deep Seaport project is expected to create thousands of jobs during the construction phase and thousands more when the port becomes operational. The project is also expected to boost economic activities in the region and increase Nigeria's foreign exchange earnings. (Source: Leadership Newspaper)
  5. Environmental impact assessment: The Ibom Deep Seaport project has undergone an environmental impact assessment (EIA) to ensure that the construction and operation of the port do not harm the environment. The EIA report has been approved by the Nigerian Environmental Protection Agency (NEMA). (Source: The Nation Newspaper)
  6. Construction timeline: The construction of the Ibom Deep Seaport is expected to be completed in 36 months, with the first phase of the project expected to be completed in 24 months. The project is being executed by a consortium of Nigerian and international construction companies. (Source: BusinessDay Nigeria)
  7. Port operations to begin in 2024: The Ibom Deep Seaport is expected to begin operations in 2024, with the first shipment of cargo expected to be handled at the port in the second half of 2024. The port will operate 24/7, with a team of experienced port operators and customs officials. (Source: Punch Newspapers)

These are some of the recent news updates about the Ibom Deep Seaport project in Nigeria. The project is expected to have a significant impact on the country's economy and trade activities in the region.