Austria eyes partnership with Nigeria on transportation infrastructure
The Government of Austria has sought partnership with the Federal Government in the provision of transportation infrastructure and other areas of public-private partnerships.
This is contained in a statement signed by acting Head, Media and Publicity, Infrastructure Concession Regulatory Commission, Manji Yarling, in Abuja on Wednesday.
Ms Yarling said the partnership was sought when the Austrian Ambassador to Nigeria, Thomas Schlesinger, paid a courtesy visit to the Director-General, ICRC, Michael Ohiani, and the commission’s management team.
She said the envoy was accompanied by Gerd Grobminger, VP, Global Sales Operations, Kapsch TrafficCom, an Austrian company interested in PPP Projects in the transportation sector.
Ms Yarling said the company had extensive experience in successfully handling various transport-related projects in countries such as South Africa, Germany, and Italy.
Mr Ohiani while welcoming the delegation informed them that the commission was the body statutorily responsible for regulating PPP endeavours of the Federal Republic of Nigeria.
The director-general hinted the team about the status of certain PPP Projects in the transportation sector. Mr Ohiani said that the Highway Development and Management Initiative project with its first phase comprising nine road corridors had signed agreements with their preferred bidders and was awaiting financial close.
He added that the Central Clearing House project was at the stage of procuring a preferred bidder from a short list.
Mr Ohiani assured the team of the commitment of the commission in providing effective regulation that will ensure successful PPP projects in Nigeria.
(NAN)
We have recently deactivated our website's comment provider in favour of other channels of distribution and commentary. We encourage you to join the conversation on our stories via our Facebook, Twitter and other social media pages.
More from Peoples Gazette
Agriculture
FG tasks ECOWAS on leveraging financing strategies for agroecology
The federal government has urged stakeholders in the agriculture and finance sectors in the West Africa region to leverage financing strategies to enhance agroecology practices
Politics
Katsina youths pledge to deliver over 2 million votes to Atiku
“Katsina State is Atiku’s political base because it is his second home.”
World
Haitians eager to return home, vote in elections, says PM Fils-Aimé
“Protecting children from violence, from gang recruitment, while providing safe pathways for children associated with armed groups,” said Mr Fils-Aimé.
Economy
Navy pledges to support oil-producing companies to increase output
Mr Abbas has pledged to support crude oil-producing companies in increasing Nigeria’s oil output and better protecting critical petroleum assets.
Anti-Corruption
Nigeria records gains against illicit finance, asset recovery: CISLAC
Nigeria has recorded significant progress in tackling illicit financial flows, recovering assets and strengthening anti-money laundering enforcement, CISLAC says.
Africa
Nigeria says financing key to realising Africa’s development aims
The Nigerian government has said funding gaps remain an impediment to sustaining growth, with available resources used to service debt to the detriment of other development needs.
World
Palestinian leader Abbas rebukes U.S. visa denial to UNGA, accuses Israel of genocide
“For how long will some states continue to remain silent about Israel, or supply it with the weapons it uses against our people?” said Mr Abbas.
Africa
‘No race superior, no nation inferior,’ says Ghana’s Mahama as Africa seeks ‘equal partnership’
“Some cautioned that we were reopening old wounds. We came to seek healing. Africa does not seek charity. Africa seeks equal partnership,” Mr Mahama stated.
