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Ibom Solutions Hub Industrial Park (ISHIP)

Ibom Solutions Hub Industrial Park (ISHIP) is a project of Ibom Solutions Hub Limited, an incorporated joint venture between NNPC Limited, Solutions Hub Limited, and Akwa Ibom State Government (the Partners).
The Company was established to build Industrial Parks to serve as full onshore service base and offshore access base for oil and gas trade, chemical, Logistics, and heavy manufacturing industry. With a full sourced Natural Gas Supply and Industrial Locations for Gas-Based and other Industries, IBSHL is creating a conducive environment for businesses to thrive as well as to eliminating the known bottlenecks that have plagued Gas Infrastructure Development, Gas Commercialization, and Industrialization in Nigeria. Starting off strong, the Company has acquired close to 2000 hectares of land in Ibaka, Akwa Ibom State, along the Calabar River leading off to the sea. IBSHL is poised at being the leading provider of state-of-the-art industrial parks around the country aimed at improving industrialization and manufacturing, utilizing gas-based energy source to achieve full gas commercialization in Nigeria.

ISHIP

The Project - ISHIP

Ibom Solutions Hub Industrial Park (ISHIP) is a project of Ibom Solutions Hub Limited, an incorporated joint venture between NNPC Limited, Solutions Hub Limited, and Akwa Ibom State Government (the Partners). The Partners were driven by the following challenges: • Industrialization is not easily possible without international FDI taking advantage of national resource conversion scheme like conversion of gas to tradable liquid or wood to exportable product. • Institutional Investors will not come if there is no protection from regular regulatory environment in Nigeria. • Internal Infrastructures necessary for industrialization like power plant, water, road, etc., are better built with anchor customers in an Industrial park and/or free trade zone, and host state need met as additional to the zone needs..

Project Benefits

Attainment of National Energy Security.

Reduction of current high cost of offshore construction.

One-Stop Shop for chemical processing, heavy manufacturing industries, offshore logistics activities.

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