As ndi Imo witness the significant flag off, by the Vice President Professor Yemi Osinbajo, of the dredging of Oguta/Orashi waterways today, May 11, 2023, through the efforts of His Excellency,  Distinguished Senator Hope Uzodimma, it is important to highlight the various details and benefits of the Orashi Free Trade Zone. 

The Oil and Gas Free Trade Zone will cover three Local Governments (Oguta, Ohaji/Egbema, and Ngor Okpala) measuring about 140,116 hectares of land. 

It is expected to be the landlord to multiple manufacturing and industrial ventures which will be situated within the zone. Also considering the significant amount of oil & gas activities in the area, it is anticipated to create multiple gas-based industries such as crude refineries, petrochemical plants, etc.

The Orashi River Development Project is comprised of the dredging and the opening up of the Orashi River to the Atlantic Ocean which is expected to have sufficient depth to berth small to medium size vessels, and provide an evacuation corridor for gas and other products processed and /or produced with the Oil & Gas Free Trade Zone for sale to neighbouring states as well as export purposes. 

These projects will establish facilities that will clean up the environment, eliminate gas flaring, and establish a petrochemical plant which in all will provide economic resources to the State and the country at large.


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