The Nasarawa Technology Village, which stands as a testament to the power of collaboration between the public and private sectors, is designed to drive sustainable development through technology innovation, the Managing Director, Nasarawa State Investment Development Agency (NASIDA), Ibrahim Abdullahi has said.
Spearheaded by NASIDA, the Technology Village project, which exemplifies the transformative impact of strategic partnerships, aims to boost skills development, and promote infrastructure development and job creation in the state.
The Technology Village project is coming at a time when nations, especially developing nations are leveraging emerging technologies to drive national development in the digital era.
According to Abdullahi, infrastructure development plays a pivotal role in shaping the economic landscape of nations, and Nasarawa State is no exception. Recognising the importance of addressing the infrastructure deficit, NASIDA, under the guidance of Abdullahi, embarked on a mission to engage the private sector in driving the state’s development agenda.
The Nasarawa Technology Village project, situated along the Abuja-Keffi Road corridor, was conceived as a catalyst for economic growth and job creation, Abdullahi said, adding that through a competitive bidding process facilitated by NASIDA, ABS Blueprint Modern Shelter Consortium emerged as the preferred partner for a real estate development spanning 67 hectares in Aso Prada, in Karu Local Government.
“Despite initial challenges, including securing financing and navigating regulatory processes, NASIDA, alongside its partners, demonstrated unwavering commitment and resilience. With support from InfraCredit and other stakeholders, the project received a groundbreaking N12.5 billion guarantee line, paving the way for its expansion and sustainability.
“The Nasarawa Technology Village project is a testament to the transformative power of public-private partnerships. It underscores our commitment to driving inclusive growth and creating opportunities for our citizens,” Abdullahi further said.
In addition to its economic impact, the Nasarawa Technology Village incorporates a tech hub in partnership with Decagon Institute, aimed at nurturing local talent and fostering innovation in the technology sector.
As the project progresses, NASIDA remains dedicated to leveraging strategic partnerships and innovative solutions to address critical infrastructure needs and drive sustainable development in Nasarawa State, Abdullahi added.