Nasarawa Technology Village
Sector
Urban Development
Phase
Implementation
Location
Karu
Sponsoring Agency
Nassarawa Investment and Development Agency
Indicative Value
18,600,000,000.00
Last Update
2024-08-09
Project Duration
48 month(s)
Project Need
The Nasarawa Technology Village is envisioned to address the critical need for fostering technological innovation and providing affordable housing within the state. As technology continues to drive global economic growth, the state requires a dedicated hub to attract technology developers, entrepreneurs, and investors. The development of a Mass Housing Estate integrated with an ICT Hub will create an ecosystem that supports innovation, collaboration, and skill development while addressing the housing deficit in the area. This project is crucial for positioning Nasarawa as a competitive player in the technology-driven economy, enhancing job creation, and promoting sustainable urbanization.
Description Of Asset
A state-of-the-art technology park featuring:
• Innovation labs and coworking spaces.
• Digital skills training centers.
• Residential and recreational facilities.
• High-speed internet connectivity and sustainable infrastructure.
The asset is located at Aso- Pada, Karu LGA on a 57 hectares.
Description Of Services
The village will provide a collaborative environment for startups, tech entrepreneurs, and training for digital skills, fostering economic growth and technological advancement in the region.
A state-of-the-art technology park featuring:
• Innovation labs and coworking spaces.
• Digital skills training centers.
• 2,000 units of Residential facilities
• Recreational facilities
• High-speed internet connectivity and sustainable infrastructure.
Rationale for Selection of PPP Model
The PPP model ensures:
• Private sector investment in infrastructure and innovation.
• Expertise in managing tech-driven projects.
• Alignment with federal and state digital transformation strategies.