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Abia-Presco Oil Palm Plantation Development

Sector: Raw Materials • Location: Abia State, Nigeria

Source: Arise News

Project
Planned

A $200 million investment project by Abia State Government and Presco Plc to develop oil palm plantations and establish a major oil palm processing hub in Abia State, Nigeria. The project aims to acquire 14,000 hectares of land across three locations and create over 5,000 jobs, contributing significantly to the state's GDP and industrial growth.

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Project Information

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The project “Abia-Presco Oil Palm Plantation Development” is an infrastructure initiative in the Raw Materials sector, located in Abia State, Nigeria. Taiyo aggregates data on it from Arise News.

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Participants

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Status

Original status

planned

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Description

Description

A $200 million investment project by Abia State Government and Presco Plc to develop oil palm plantations and establish a major oil palm processing hub in Abia State, Nigeria. The project aims to acquire 14,000 hectares of land across three locations and create over 5,000 jobs, contributing significantly to the state's GDP and industrial growth.

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Source

Source reliability

High

Data quality score

100%

Source

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URL

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More Details

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