Home Business & Economy Provision of aviation infrastructure to gulp $5bn

Provision of aviation infrastructure to gulp $5bn

 . FAAN woos investors

THE aviation sector is expected to inject about $5bn out of the $3.10 trillion required by the National Integrated Infrastructure Master plan (NIMP) over a period of 30 years through Public Private Partnerships (PPP), the Managing Director and Chief Executive Officer (CEO) of the Federal Airports Authority of Nigeria (FAAN), Mr. Saleh Dunoma, has revealed.
Mr. Dunoma made the revelation at the just concluded annual conference and exhibition of the Airport Council International (ACI) which held in Montreal, Canada.
FAAN boss who spoke at the session on Public Private Partnership, hinged his presentation with a quotation from President Muhammadu Buhari, saying; “We also have a huge infrastructure deficit for which we require foreign capital and expertise to supplement whatever resources we can marshal at home. In essence we seek Public Private Partnership in our quest for enhanced capital and expertise”.
He said the appointment of Sen. Hadi Sirika, an aviator, as the Minister of State for Aviation has fast tracked the provision of the legislative framework and corresponding incentives to attract foreign direct investment.
“We invite Investors to join the PPP process for airport management and take advantage of the great and vast opportunities, “Feet” and Offerings in our airports”, he concluded.
Earlier at the opening ceremony, the Director General of ACI World, Angela Gittens said “ACI-NA works with our members everyday to seek common sense approaches to turn short-term challenges into long-term opportunities “.
She said this year’s conference – the largest “for airports, by airports” gathering in the world – perfectly highlights Airport Council International’s unique position as the Voice of Airports all around the world
James Cherry, President of Aero ports de Montreal, expressed delight in playing host to airport leaders across the globe.
According to him, the Montreal – Trudeau air port is celebrating its 75th anniversary and will be glad to share the many changes made to lift it’s services to world-class levels and strengthen its role as a strategic transportation hub.
FAAN’s helmsman who was accompanied by the Director of Airport Operations, Capt. Henry Omeogu, Chief of Staff to the Managing Director, Kabiru Mohammed, also interacted with airport operators and foreign investors amongst others.
The Airport Council International (ACI) Annual Conference/World General Assembly in Montreal, Canada, was rounded up on 28th September, 2016.

NO COMMENTS

Leave a Reply