In a bid to upscale local manufacturing and create economic boost in Nigeria, the Marvico Group is set to commission its multi-factory complex in Owerri, Imo State.
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‎The commissioning of the new factory, located at Obazu-Mbieri, Mbaitoli LGA, slated for October 24, 2026, comes on the heels of the successful launch of its industrial operation in Ibafo, Ogun State in November 2025.

‎The factory is set to take local manufacturing, agricultural and economic development to a whole new level, by converging industry, agriculture, manufacturing, agro-processing, sourcing, distribution and community development under one roof, opening up great economic opportunities for the people of Imo State and Nigeria.

‎The factory complex would also facilitate a continuous link between local farm settlements and industrial processing, making it easier and cheaper to bring products from the out-sources such as the garri and palm oil processing hubs at Umuokanne near Etioha, Ohaji Egbema, to the industrial processing plants.

‎Commenting on the milestone and its potential to transform the economy of the locals in Imo State, the Managing Director and CEO of Marvico Group, Udu Nnamdi Iroegbu, described the complex as a personal statement of faith.

‎“The journey from Ibafo to Obazu-Mbieri is more than just great; it is the manifestation of the dream and the achievement of the Marvico family as we strive to invest in a great and very promising project that would serve to boost economic growth in the South East and Nigeria at large. We are taking industry closer to the people, as it were. Not only the people of Ogun that we believe in, but we are bold enough to say the South East has the strength in manpower and commerce to nurture this daughter of ours – Marvico,” he said.
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‎Chief Iroegbu further explained the importance of the farm-to-table concept which is very important in enhancing the value and sustainability of their products in line with current market trends as it would make the link between the production at the local farms and the market more direct.

‎He said, “Having an industrial processing plant would help open doors for more markets for the local farmers in Obazu-Mbieri, Etioha, Umuokanne, and other surrounding farms, as well as boost trade activities in the towns and create linkages which would benefit the community at large.

‎”I must also acknowledge this tremendous opportunity that this project would provide our local youths and women, as it would assist in providing jobs, opportunities for skill acquisition and empower them to become more economically active. When farmers get access to markets, more trade activities would take place and industry would be a great booster of economic development in the locality,” he said.