DIARY OF MILESTONES

The following below is a chronicle of the process flow, milestones achieved so far and upcoming milestones in the establishment and operation of the agro-industrial park.

06 August 2015

Milestone 1

Preparation of Agro-Industrial Park Project Identification Concept together with Initial Exploratory Studies submitted by Office of the Chief Job Creation Officer to His Excellency, the Governor.

06 August 2015

14 August 2015

Milestone 2

His Excellency, the Governor’s Approval-in-Principle for the Agro-Industrial Park Project

06 October 2015

Milestone 3

His Excellency, the Governor’s Approval for the Working Committee on Agro-Industrial Parks, with Chief Job Creation Officer as Chairman.

06 October 2015

29 February 2016

Milestone 4

Consultancy Agreement for the Conduct of Feasibility Assessments and Business Plan Analysis for an Agro-Industrial Park

5-8 July 2016

Milestone 5

Study visit to Israel for assessment of comparative agro-industrial models and for first-hand assessment of activities of prospective technical partners

5-8 July 2016

August 2016

Milestone 6

Completion of Feasibility Analysis, Site Assessments/Selection, Cost-Benefit Studies, Business Plan Scenario Analysis & Layout Design

09 December 2016

Milestone 7

Public Notice for the Acquisition of Land by Delta State Government

09 December 2016

14 November 2017

Milestone 8

State Executive Council’s approval for the establishment of the Agro-Industrial Park Aboh Ogwashi-Uku through PPP model

14 December 2017

Milestone 9

Delta House of Assembly ratifies the approval by State Executive Council for the establishment of Agro-Industrial Park, Aboh Ogwashi-Uku, through Public-Private Partnership.

14 December 2017

21 January 2019

Milestone 10

Appointment of Contemporary Design Associates as Project Consultant for the Agro-Industrial Park Engineering Procurement and Construction (EPC)

14 February 2018

Milestone 11

Execution/Signing of the Agro-Industrial Park Joint Venture Agreement between Delta State Government, Mirai Technologies Ltd. (Technical Partner and Anchor Investor) and Norsworthy Investments Ltd. (Co-Investor).

14 February 2018

August 2018

Milestone 12

Completion of Bankability Requirements, including Investment Appraisal, Economic Studies, Financial Modelling, Business Plan, Cash Flow Analysis & Environmental Impact Assessment.

09 August 2019

Milestone 13

His Excellency, the Governor’s Reconstitution of Agricultural Parks Implementation Committee, with Chief Job and Wealth Creation Officer as Chairman

09 August 2019

January 2020

Milestone 14

Completion of Perimeter and Topographic Survey of the land (221ha) designated for the agro-industrial park at Aboh Ogwashi-Uku, acquisition of the land by Delta State Government and payment of compensation to the existing land users

September 2019

Milestone 15

Completion and adoption of Masterplan, Physical Design & Working Drawings (Architectural, Engineering, Etc.) and Bill of Quantities (BoQ)

September 2019

February 2020

Milestone 16

International Bankers Scrutiny and Validation of Feasibility Study, Business Plan, Architectural and Engineering Design & Drawings, Bill of Quantities and Cash Flow Analysis.

04 September 2020

Milestone 17

Completed incorporation of the Joint Venture Company (Special Purpose Vehicle), known as Delta State Agro-Industrial Park Ltd., for the ownership, development and operation of the agro-industrial park and obtained Certificate of Incorporation

04 September 2020

16 June 2020

Milestone 18

State Executive Council approves that the State Government obtains domestic loan finance (CBN CACS) for the agro-industrial park capital cost.

14 July 2020

Milestone 19

State Executive Council approves update revision of the capital costs of agro-industrial park project, Aboh Ogwashi-Uku

14 July 2020

20 July 2020

Milestone 20

Agreement reached on the Engineering, Procurement and Construction (EPC) between the State Government and Sequoia Solutions and Innovations Ltd (the local subsidiary of Mirai Technologies Ltd. as provided for in the Joint Venture Agreement of 14th February 2018)

16 October 2020

Milestone 21

Payment of mobilisation component of the Engineering, Procurement and Construction (EPC) Contract to Sequoia Solutions and Innovations Ltd.,) and payment of first instalment of professional fee to the Project Consultant/Supervisor – Contemporary Design Associates

16 October 2020

19 October 2020

Milestone 22

His Excellency, the Governor’s Enlargement of and Mandate Renewal for the Existing Project Implementation Committee on Agro-Industrial Park, Aboh Ogwashi-Uku, with Chief Job and Wealth Creation Officer as Chairman

26 October 2020

Milestone 23

Mobilisation to Site and Commencement of Construction Works by the EPC Contractor, Sequoia Solutions and Innovations Ltd

26 October 2020