Investment Opportunities In Public Private Partnership

Cross River State Industrial Park Profile

The Cross River State Industrial Park is a Multi – Billion Naira complex situated in Calabar, the state’s capital aimed at creating a zone for multiple light industries to thrive.

Several light industries such as the Garment Factory, Pharmaceutical Plant, the rice (for research and production of rice), Instant Noodle Factory, water bottling plant, beverage production factory, some existing and others to be established.

The estimated number of jobs to be created is in excess of 10,000. The range from plant operator, factory managers, quality control officers, amongst others.

The market potential will is influenced by high demand for food, medicine, utensils and others.

The zone on completion will boost of uninterrupted power supply.

Key information’s about the park:

  • Private sector involvement required
  • Additional capital required or completion is estimated at $USD 3.5 Million
  • Project revenue: $USD 1.2 Million PA
  • Potential areas for collaboration available

Cross River State Garment Factory

  • Established 2015
  • Production line: Uniforms, Costumes, textile design and printing
  • Number of jobs: excess of 3000
  • Market potentials: uniform for schools, military and paramilitary services, costumes for local and continental events
  • Private sector investment/ involvement required
  • Areas of collaboration/ partnership: cotton production and processing, etc.

Cross River State Rice City

  • Established 2016
  • Production line: Rice hybrid research and seedlings production
  • Number of jobs: excess of 150,000 direct and indirect jobs on completion
  • Market potentials: servicing sub Saharan Africa and beyond
  • Private sector involvement/ investment required
  • Investors in focus: Thai Rice Corporation
  • Areas of collaboration: out grower scheme, provision of research facilities for improve rice productions, etc.

CalaPharm Nig. Limited

  • Established 2016
  • Production line: Anti-malarial drugs, analgesics, anti – diarrhea, vaccines, etc.
  • Number of jobs: excess of 1200 direct and indirect jobs
  • Estimated Cost of project: N3 Billion
  • Market potentials: estimated 160 million people within Nigeria
  • Area of collaboration: expansion by private investors, etc.

Ayade Integrated Farm, Obanliku Local Government Area Of Cross River State

  • Established 2016
  • Production line: rice, millet, maize, tomatoes, pepper, carrots and livestock
  • Number jobs: excess of 10,200 direct and indirect jobs
  • Market potentials: sub Saharan Africa and beyond
  • Area of collaboration: establishment of cluster industries – brewery, pharmaceutical, livestock, etc.

Calabar Power Plant

  • Established 2017
  • Production line: minimum of 21MW Electric power
  • Number of Jobs: 200
  • Market potentials: power supply to Calabar environs and CRS Industrial Park
  • Areas of collaboration: private investors required to increase power supply

Calas Vegas City

  • Idea conceived in 2015
  • Production line: Tourism, Estate/ Hospitality
  • Number of jobs: estimated 1200 direct and indirect jobs on completion
  • Market potentials: 2 million tourist annually from around the world
  • Area of collaboration: BOT, PPP

Cross River State Cocoa Processing Factory

  • Established 2016
  • Production line: cocoa powder and butter production
  • Number of jobs: excess of 5000 jobs
  • Market potentials: 20 million consumers within the shores of Nigeria
  • Areas of collaboration: PPP

Cross River State Cocoa Expansion Scheme, Etung Local Government

  • Idea conceived in 2016
  • Total area cultivated area: 35,250 ha
  • Expected target: 75,000 ha
  • Variety: Amazon
  • Land Area available: 100,000 hectares
  • Line of production: cocoa bean
  • Number of jobs: 20,000
  • Cost of expansion: estimated N472,000 per ha
  • Market Potentials: industrials across West Africa and beyond
  • Areas of collaboration: FDI required

Obudu Dairy And Honey Farms

  • Established 1956
  • Production line: Yogurt, milk, butter, honey, cheese, etc.
  • Number of jobs: estimated 3000 direct and indirect job
  • Market potentials: minimum of 30 million consumers within Nigeria
  • Areas of collaboration: establishment of value added industries

Meat Processing Factory, Obudu

  • Established 1989
  • Production line: Beef, bone meals and hides
  • Number of jobs: 150 direct and indirect jobs
  • Market potentials: across West Africa
  • Areas of collaboration: FDI required across the value chain on PPP

Cassava Processing Factory, Obubra

  • Established 1990
  • Production line: processing of raw cassava into garri, starch, flour, ethanol, etc.
  • Number of jobs: 10,000 direct and indirect jobs
  • Market potentials: across Nigeria
  • Areas of collaboration: value added industries required

Cross River State Groundnut Processing Factory, Bekwarra Local Government

  • Established 1992
  • Production line: ground oil and cakes
  • Number of jobs: 200
  • Market potentials: across Nigeria
  • Areas of collaboration: PPP on adoption of advance technology, expansion and other value chain
  • Projected revenue: excess of 100, 000,000 annually

Cross River Palm Oil Mill, Boki

  • Established 1950s
  • Production line: processing of palm oil for local consumption and export
  • Number of jobs: estimated 15000 direct and indirect jobs
  • Market potentials: across Nigeria
  • Areas of collaborations: PPP FDI in areas of expansion, introduction of advance technology across the value chain, etc.

Cross River State Banana Production And Processing Plant, Odukpani

  • Established 2016
  • Production line: production of premium banana fruits for local consumption and export
  • Number of job: excess of 3000
  • Market potentials: across Africa
  • Areas of collaboration: PPP FDI required for expansion and advancement in the value chain process

Cross River State Rubber Processing Factory, Akamkpa

  • Established 1995
  • Production line: processing of rubber lumps to plastics, automobile tire, etc.
  • Number of jobs: 200
  • Market potentials: across Asia and Europe
  • Areas of collaboration: Estate Rehabilitation and high tech value industries required

Cross River State Noodle And Composite Flour Factory, Calabar

  • Project idea conceived in 2016
  • Production line: processing of sweet potatoes into instant noodles and processing of composite flour
  • Number of jobs: 200
  • Market potentials: across Nigeria
  • Areas of collaboration: establishment of sweet potatoes plantations, PPP FDI on factory setting, etc.

Cross River State Rice Processing Mill, Ogoja

  • Established 2016
  • Production line: processing of rice produced in the state into milled products
  • Number of jobs: 100
  • Market Potentials: across Nigeria
  • Areas of collaboration: PPP FDI on establishment of modern plants, etc.

Cross River Cotton Farm

  • Project idea conceived in 2016
  • Production line: cultivation of cotton and processing wool into cloth making
  • Number of jobs: 500
  • Market potentials: across Nigeria
  • Areas of collaboration: PPP FDI required across the value chain

NNPC/CRSG Bio-Diesel Project

  • Established 2017
  • Production line: establish 50,000ha oil palm for bio-diesel production
  • Number of jobs: 3000 direct and indirect jobs
  • Market potentials: domestic and exports
  • Areas of collaboration: PPP FDI across the value chain