Minister of Innovation, Science and Technology, Uche Nnaji, has said Federal Government is committed to ensuring sustainable industrialisation through establishment of tech cities.
He spoke at the signing of Memorandum of Understanding (MoU) between Federal Ministry of Innovation, Science and Technology and Domineum/Edenbase Consortium, United Kingdom for establishment of Abuja Tech City.
He said: “We are aware tech cities are catalysts for rapid industrialisation in a country and enhancement of operational synergy in critical sectors.
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“The Abuja Tech City Ecosystem will be developed by the same consortia that developed London Tech City Ecosystem. It is important to note London Tech City is the second most valuable Tech Ecosystem on earth after Silicon Valley. It earned £61 billon in its fifth year of operation and is home to over 5,000 companies. We intend to create success in Nigeria.
“It is our intention Abuja Tech City will be a full-blown Smart and Green City complete with tech-driven start-ups, industries, entertainment, schools, parks, etc. The Tech City will be a Free Trade Zone and home to MIST’s Agenda 8 and 9, which include Clean Tech Programme and Green Manufacturing Initiative.”
Representative of Domineum, Geoffrey Weli-Wosu and Edenbase Consortium, Satesh Melwani, said they were delighted to be part of Abuja Tech City project, saying their companies can pull resources to establish Abuja Tech City as the largest and most valuable in Africa.