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FG Begins Construction Of 79.5 Hectares Technology Park

Published

3 years ago

December 18, 2022

Ireporteronline

FG Begins Construction Of 79.5 Hectares Technology Park

Dr Adeleke Mamora

The Federal Government has begun the construction of a 79.5 hectares of technology and innovation park.

The park which would be Public Private Partnership (PPP) driven is expected to be Nigeria’s Silicon Valley for start-up and global technology companies.

Dr. Adeleke Mamora, Minister of Science, Technology, and Innovation, who made the announcement, stated that the project is in line with President Buhari’s desire to promote technological evolution in order to reduce import dependence and increase local content.

Mamora made the remarks in Abuja during a stakeholder sensitization workshop on the development and management of science and technology parks, as well as the integration of technology foresight in national development.

The Minister, who was represented at the event by the Ministry’s Permanent Secretary, Mrs. Monilola Udoh, stated that the government decided against establishing parks in the country’s six geopolitical zones and instead decided to establish a model park at the Sheda Science and Technology Complex (SHESTCO), where 79.5 hectares of land was provided.