Abia State has the necessary prerequisites for effective economic
development. It is a state blessed with abundant resources, both
physical and human. All that remains is for investors to come to the
state and harness these resources. Industrial layouts have been
established in the two major towns, Aba and Umuahia. According to the
Blueprint for Abia State development, the state has the potential to
attract investment in the following manufacturing projects:
(i) Agro-allied industries:
- Cassava starch and flour
- Fruit and vegetable canning.
(ii) Textiles:
- Cotton Socks
- Fishing nets
- Mosquito nets
(iii) Industrial Minerals/Quarrying:
- Glass industry
- Table ware
- Aggregate plant (Stone crushing plant).
(iv) Plastic Industry:
- Plastics manufacture
- Bottles, flask, cans, tubes, bags tiles.
(v) Chemical Industry:
- Polyethylene
- Explosives
- Self-Adhesive Tape
- Pulp and paper.
The local governments have also zoned areas for commercial and
industrial purposes. The industrial areas have been provided with the
necessary infrastructure such as good roads, power supply, water supply
and communication facilities.
Abia State is also endowed with manpower resources. With the1991
population figure of 1,976,805 people, both skilled, semi-skilled and
un- skilled labour are available for industrial development. In
addition, the workforce is peaceful and industrious and interested in
partnership with investors.
With the establishment of banks and other financial institutions all
over the State, credit for industrial development can be assured. The
state government is also willing to go into partnership with prospective
investors. |