The Benin Enterprise Park (“BEP”) comprises a site area of 997 hectares.
It is located circa 20 km south of the city centre of Benin, the capital city of Edo State, Nigeria.
The BEP is adjacent to the Benin-Sapele highway, allowing easy access to multiple demand centres.
Tenants will also enjoy close proximity to major air and sea ports.
The BEP is proximate to fertile land and abundant water supply.
Investors and tenants in the BEP will benefit from state-of-the-art utilities.
Tenants in the BEP will have access to gas and power at costs far lower than anywhere else in the country.
The BEP is a master-planned site designed by internationally acclaimed architects and urban planners.
The site will be developed in accordance with world-class environmental standards and development guidelines.
The site incorporates a mixed-used residential zone to serve tenants’ short and long term accommodation needs.
The State Government is a seed investor in the BEP; but management & control of the site resides in the private sector.
Project Location & Site Infrastructure
Located in Ikpoba-Okah Local Government Area of Edo State and situated 20km from the State capital, the Benin Enterprise Park is a 997 hectare, mixed-used, development designed to accommodate light industries and residential zones. The western edge of the BEP runs parallel to the Benin-Sapele highway (at a distance of less than 1km); and it is this highway that connects the BEP to the Benin airport, seaport and nearby urban settlements.
The BEP will be equipped with state-of-the-art civil infrastructure comprising graded plots, roads, power, water, communications, drainage, sewage treatment plant, effluent treatment plant, storm water drains, rain water harvesting, firefighting etc. It will also include specialised infrastructure, such as quality control labs, quality certification centres, raw material storage, and other warehousing and logistics services.
Project Genesis & Objectives
Many of the key challenges facing industrial businesses in Nigeria relate to the lack of basic infrastructure services. In particular, reliable electricity, gas, water and waste treatment services are not readily available. Consequently, most companies are forced to invest heavily in sub-scale and expensive electricity generation, water supply and other utilities; with a correspondingly negative impact on their manufacturing efficiencies.
Added to these infrastructural challenges are difficulties in acquiring land with clean title and in accordance with international social and environmental standards.
To address these challenges, the BEP will offer its tenants a master-planned site with reliable, centrally provided, electricity, water and gas supply; and each plot of land will come with secure title. The BEP will have residential sites that serve the interim and long-term accommodation needs of its tenants; and key supporting facilities will include healthcare, leisure and recreational activities, shopping sites and concierge services.
The BEP will adhere to world-class environmental standards and be subject to strict development controls.
In order to mitigate the risk of speculative investment and ensure that what is built suits the requirements of potential tenants, the BEP will be developed in phases. Prior to each development phase, the amount of land cleared and developed (and any phase-specific infrastructures) will be shaped through active dialogue with tenants, to reduce the chances of unnecessary or premature investment.
For example, the first phase will be approximately 50 hectares in size, following intensive dialogue with our anchor tenants about their specific infrastructure and land requirements.
Access to Low Cost Gas & Power
Benin City serves as a uniquely nodal location for the delivery of both natural gas and electricity. Inter alia, the city is host to two of the country’s largest power generation plants (the 461MW Azura-Edo Plant and the 450MW Ihovbor Plant) with a combined generation capacity of more than 900MW.
The Benin Main Substation also boasts more high-voltage connections (east, west, south and north) than any other switchyard in the country and the newly constructed Benin North Substation has served to further enhance the status of Benin City as the country’s largest single electricity transmission hub.
The country’s largest, and most critical, gas trunkline is the Escravos Lagos Pipeline System (“ELPS”) and the ELPS runs directly through the centre of Benin City. More importantly, the route of the ELPS runs directly parallel to the western flank of the BEP at a distance of just under 5km.
In addition, Edo State also boasts one of the country’s largest gas processing facilities at the Oben Gas Plant (which currently supplies gas to the Azura-Edo IPP and to other power plants and industrial facilities across the country).
The combination of all the factors noted above ensures that both electricity and gas can be sourced at the BEP at prices far lower than are obtainable anywhere else in the country. This makes the BEP extremely attractive for energy intensive industries that produce textiles or building materials (glass, ceramics, steel); cold storage warehouses; food processing and beverage factories; and electricity intensive data warehousing.
Proximity to Demand Centres
The location of the BEP ensures that it sits in a uniquely privileged position within the continent’s single largest country (measured by both population and GDP). This is because Benin City is the most “nodal” city in Nigerian. It is at the centre of a nexus of major inter-state highways and it is close to multiple large metropolitan centres.
A recent edition of World Urbanization Prospects (published by the U.N.) reveals that there were 187 urban agglomerations in Africa that each had a population of at least 300,000 inhabitants. Of these 187 cities, 42 were located in Nigeria.
More specifically, 32 of these cities were less than 400km away from Benin City (as shown on this map).
From the BEP, drive 4 hours east, west, south and north and you will describe a radius encompassing more than a 100 million people.
Simply put, there is no city, in the whole of Africa, that can reach as many people, within such a small radius, as Benin City.
Design Concept & Masterplan
The development concept is based on a climate integrative approach that takes account of the existing site conditions such as wind, rainfall, topography and existing vegetation. The site is divided into two zones, which are buffered by a green spine. The industrial zone in the north and the residential zone in the south allow for a highly flexible and market oriented development phasing.
The industrial zone has a typical grid structure in order to be able to accommodate large scale industries; but it is also adapted to the local climate conditions to enable critical ventilation as well as drainage solutions. By contrast, the core of the residential zone is formed by a central mixed-use district, which integrates various forms of living together with commercial and office uses, as well as public service facilities.
And throughout the site, green open spaces act as buffer zones as well as ventilation corridors, thereby ensuring a high quality living and working environment within the BEP.
The transportation concept is predicated on a central access loop for the industrial zone, providing easy access from the main Benin-Sapele highway. The residential zone will have separate access points in order to avoid any truck traffic through the residential neighbourhoods. Key utility service zones (energy, sewage, etc.) are located at strategic points in the BEP. The power generation facilities and gas receiving station are concentrated in the north east quadrant whilst other utilities (e.g. water supply and waste treatment) allow for decentralisation at nodal points within the site.