Current Status of Project
The Master Plan has been completely updated in the last 8 months. This has involved changing the layout of the Phase 1 area of the project.
Originally the CEC was going to generate its own power on site. But the CEC, with its projected demand of some 30MW, will now buy in the power from a number of different Genco's. This will be delivered to the CEC by the Transmission Company of Nigeria (TCN) who have a 132kV substation less than 1km from the CEC.
The CEC will be self sufficient in the supply of potable water and waste water management. Individual tenants, who have other liquid or no liquid waste, will be responsible for their own treatment and disposal.
The EIA was undertaken by Fugro some 9 years ago but which has been updated recently with further data collection.
The Federal Ministry of the Environment has renewed the environment permit for the project.
The Government of Cross River State have started the process of consultation with the local communities and produced an initial assessment. This work will continue into the formalities of the Social Impact Assessment (SIA) and Resettlement Action Plan (RAP) which will be undertaken to the IFC standards.
Work is currently underway to prepare an international marketing campaign to attract one or more anchor tenants.
Significant work has already been undertaken by APA's consultants into identifying the most relevant business clusters that could be interested in setting up in the CEC.
The overall schedule is as follows:
1. Final Investment Decision - 2Q23
2. Land Clearance and Reclamation - 3Q23- 2Q24
3. Start of construction - 1Q25
4. Phase 1 complete - 3Q25
The timing of the initial stages of the project are subject to the wet season in Calabar.