Draft:Idodo International Markets and Residence
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Comment: This is little more than an advertisement masquerading as an article and ought to be speedy deleted as spam; it needs to be fundamentally re-written. We only care what secondary and independent sources, say about the subject, not what the company would put on it's website. Read WP:42. Bobby Cohn 🍁 (talk) 13:24, 23 June 2025 (UTC)
 | This article contains paid contributions. It may require cleanup to comply with Wikipedia's content policies, particularly neutral point of view. |
Idodo International Markets and Residence is a large-scale, mixed-use commercial and residential development project located in Amaechi Idodo, in Nkanu East Local Government Area of Enugu State, Nigeria. It is designed to serve as a strategic trade and residential hub connecting Nigeria’s South-East region with the North Central zone and the Central African corridor. Spanning 300 hectares, the project integrates lockup shops, warehouses, residential units, and essential public infrastructure. It is being developed through a public-private partnership (PPP) between Proxily Integrated Services Ltd and the Enugu State Government (ENSG).
Background
[edit]Enugu State, located in southeastern Nigeria, is historically known for its rich coal deposits, vibrant Igbo culture, and strategic economic position. The state’s capital, Enugu City, is a growing urban center with expanding commercial and residential real estate demand. In response to regional trade shifts and infrastructural developments, the Idodo project was conceived as a modern trade gateway for both local and international commerce.
Project Overview
[edit]The project aims to create a self-sustaining economic eco-system by combining wholesale trade, storage and logistics infrastructure, and modern housing. The development is strategically located along the Enugu-Abakaliki Expressway, offering trade access to Northern Nigeria and neighboring Central African countries including Cameroon, Gabon, and the Democratic Republic of the Congo.
Key Project Components
[edit]Commercial Development (Approx. 1.5 million sqm)
[edit]Lockup Shops: 49,046 units (20 sqm each)
Shop Blocks: 251 clusters for general trade
Warehouse Units: 45 large-scale warehouses including bonded terminals
Commercial Plots: 150,000 sqm allocated for: ** Banks and insurance institutions ** Hospitals ** 3-star hotel ** Expo and trade centers
Logistics Infrastructure: ** Truck parks for logistics operators ** Fire and safety systems ** Integrated waste management ** Dedicated power and water supply ** Broadband internet connectivity
Residential Development (Approx. 400,000 sqm)
[edit]Residential Plots: 717 standard plots and 23 corner-piece plots (500 sqm each)
Housing Units: Low, medium, and high-density smart homes
Community Amenities: ** Parks, green areas, and recreational centers ** Nursery/creche and educational facilities ** Health centers with emergency services ** Police post (built by Proxily, operated by ENSG)
Facilities: ** Paved roads ** CCTV surveillance ** Broadband connectivity ** Dedicated electricity and water ** Fire hydrants and alarm systems
Governance and Project Structure
[edit]Special Purpose Vehicle (SPV): Idodo International Markets & Residence Ltd ** 93% ownership: Proxily Integrated Services Ltd ** 7% ownership: Enugu State Government
Land Allocation: According to Proxily Integrated Services Ltd, the Enugu State Government has allocated 300 hectares of land with a Certificate of Occupancy issued in the name of Idodo International Markets & Residence Ltd."Proxily Announces CO Issuance". Proxily Integrated Services Ltd. 1 May 2025. Retrieved 23 June 2025.
Government Role: ** Regulatory and community engagement ** Provision of security ** Granting of incentives (e.g., tax breaks, duty waivers)
Project Timeline
[edit]The project will be executed within a 36-month framework divided into three main phases:
Phase 1: Pre-Development (Months 1–3)
[edit]Regulatory approvals
Site clearing and preparation
Initial infrastructure (roads, power, water)
Project marketing and pre-sales
Phase 2: Construction (Months 4–36)
[edit]Year 1 (Months 4–18): ** 60% completion of shops, housing, and warehouses
Year 2 (Months 19–30): ** Additional 30% of construction ** Expansion of roads and drainage
Year 3 (Months 31–36): ** Final 10% of works including landscaping and finishing ** Setup of facility management operations
Phase 3: Activation & Sales
[edit]Aggressive sales campaign targeting: ** General traders and commercial markets ** Real estate investors ** Logistics and supply chain companies
Flexible payment plans and promotional incentives for early adopters
Target Market
[edit]Commercial Subscribers
[edit]Traders expanding from existing markets (e.g., Ogbete Market, Alaba International Market, Computer Village, Lagos, Trade fair complex, Sabon-gari market in Kano, Ariaria, Onitsha Market etc)
Wholesale and retail merchants
Manufacturers and logistics operators
Real estate investors and banks
Residential Subscribers
[edit]Traders and business owners seeking nearby accommodation
Working professionals and families
Investors seeking rental yield in a high-traffic commercial hub
Economic Impact
[edit]The project is expected to contribute significantly to the economic transformation of Enugu State by:
Creating thousands of jobs (construction, retail, logistics, facility management)
Boosting local business revenue and entrepreneurship
Increasing state IGR (Internally Generated Revenue)
Enhancing regional trade with improved logistics and infrastructure
Pricing Strategy
[edit]Discounted Pricing
[edit]Offered to early adopters and existing market relocations
Designed to stimulate early sales and generate project momentum
Non-Discounted Pricing
[edit]Reflects projected appreciation of real estate value
Targets institutional investors and long-term commercial players
Facility Management
[edit]To ensure sustainability, a professional facility management company will oversee:
Building and utility maintenance
24/7 security and digital surveillance
Waste and fire safety systems
Rental and property valuation services
Strategic Importance
[edit]The Idodo project positions Enugu State as:
A commercial bridge between Southern Nigeria and Central Africa
A key logistics and trade hub for Nigerian importers and manufacturers
A model for PPP-led infrastructure in sub-Saharan Africa
See also
[edit]References
[edit]External links
[edit]Proxily Integrated Services Ltd
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