Kano's Hajaj-ZOEC Digital Market to Generate N50bn Revenue
The Hajaj-ZOEC Digital Market was inaugurated in Kano State as a significant Public-Private Partnership (PPP) project, anticipated to generate approximately N50 billion in annual revenue and create over 100,000 direct and indirect jobs. Developed by the Kano State Government in collaboration with Hajaj ZOEC Real Estate Limited and ZOEC Construction, the market is designed to be a regional hub for electrical and electronic products, reducing the need for local traders to source goods abroad.
Built at a cost between N25 billion and N30 billion, the facility features over 1,500 shops equipped with modern infrastructure, parking for 700 vehicles, and underground storage for more than 30 forty-foot containers. Alhaji Jamilu Abdussalam, CEO of Hajaj ZOEC Real Estate Limited, noted that 60-65% of the shops had been sold prior to full operations.
The project has attracted foreign investors, including companies from China and Egypt. Kabir Aminu Dutse, representing the Minister of State for Housing and Urban Development, praised the market as a model for technology-driven commerce that will enhance Nigeria's competitiveness.
Plus234Feed summary based on reporting from Daily Trust. Read the original report below.
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