The 10,000 hectares Mega Eco Agro-Industrial Park operates on the concept of a shared-service economy with profit, people and the planet as the major driving forces.
Agricity is a project designed to pioneer sustainable economic development through industrialization and agro innovation, harnessing the vast economic resources in rural areas. The 10,000 hectares Mega Eco Agro-Industrial Park operates on the concept of the shared-service economy with profit, people and the planet as the major driving forces.
The model future city affords various investors the platform to provide a unique service on-demand in the city. Services range from power, warehousing and logistics, banking services, security, I.T, housing and offices complex, water, shopping, food and agro-processing, farming, agriculture, etc.
Investors identify and bid for a particular service they can offer within the city. Agricity is designed to combine business and lifestyle as one of Africa’s most desired hub for fresh agro-produce and agro-tourism. Major features of Agricity are Fresh Agro produce Aggregation Centre, Food and Agro Processing and Agro-Innovation Hub.
Investment conversations are currently ongoing and open to capital investors in the areas of high-tech infrastructures and bids for the individual service companies. The Agricity project is valued at $300million USD and will be generating $700million USD in revenue together with 5,000 jobs. Agricity has so far secured the first batch of financing for city design, planning, land clearing and activation works. Huawei is providing the electricity and IT infrastructure for the city. One of the principal objectives of Agricity is to facilitate the ease of doing business. Agricity has received tremendous local and international commendation as one of the fast and most efficient ways of building social inclusive, resilient and sustainable cities.
Agricity is located in Ipapo, Kajola Local Government Area of Oyo State, South-West, Nigeria.
Niji Group is a leading value-driven conglomerate with over 27years success story of providing a critical end-to-end solution to Africa’s agricultural sector. The company operates in six (6) different fields. Niji Group became the first organization to successfully set the pace for agro-industrial cities by initiating the Sustainable City Project.
Sustainable City is self-funded and has gotten to its 2nd phase with food processing factories, Agribusiness Learning Centre (ALC – www.nisa.ng), housing and recreational facilities already in place. The City has attracted both local and international attention with companies such as Nigerian Breweries and Nestle signing off-take agreements.
Sustainable is fully owned by Niji Group.
Agricity is part of Niji Group’s efforts to share the model which has been tested and certified profitable to engage the general public, thus multiplying the impact in a large scale.