📋 Tender Overview
Project Summary
Approval Date 14 Nov 2023
Planned Completion Date 31 Dec 2027
Last Disbursement Planned Date 31 Dec 2027
Sovereign / Non-Sovereign Sovereign
Sector Social
DAC Sector Code 11231
Commitment U.A 60,315,904.55
Status Approved
Project General Description
The Ekiti Knowledge Zone (EKZ) is conceived as a world class knowledge park which leverages on Ekiti’s comparative advantage to create a vibrant ecosystem of innovative businesses and a conducive environment for collaboration, innovation and technology transfer in line with the Sustainable Development Goals of the United Nations and the four-point agenda outlined by the State Governor. The development shall be structured as a Public-Private Partnership, with Ekiti State Government providing land, and the required infrastructure to make the site conducive for investors and stakeholders.
Project Objectives
The main objective of the EKZ development is to catalyze economic growth for the State and inclusive socio-economic growth for its citizens. It seeks to achieve this by taking advantage of its position as a gateway to the North, good topography and close proximity to Lagos and Abuja, and typically a renowned State for quality education and distinguished scholars.
Participating Organization
Funding
African Development Bank
