Austrian govt. to partner Nigeria on transportation infrastructure – ICRC

Thu, Nov 30, 2023
By editor
2 MIN READ

Politics

THE Government of Austria has sought partnership with the Federal Government of Nigeria in the provision of transportation infrastructure as well as other areas of Public-Private Partnerships (PPPs).

This is contained in a statement signed by Manji Yarling, Acting Head, Media and Publicity, Infrastructure Concession Regulatory Commission (ICRC), in Abuja on Wednesday.

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 ICRC 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.

Yarling said the company had extensive experience in successfully handling various transport-related projects in countries like South Africa, Germany, and Italy.

Ohiani while welcoming the delegation, informed them that the commission was the body statutorily responsible for regulating all PPP endeavours of the Federal Republic of Nigeria.

The director-general hinted to the team about the status of certain PPP Projects in the transportation sector.
Ohiani said that the Highway Development and Management Initiative (HDMI) 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 (CCH) Project was at the stage of procuring a preferred bidder from a short list.

Ohiani assured the team of the commitment of the commission to providing effective regulation that will ensure successful PPP projects in Nigeria. (NAN)

T

November 30, 2023 @ 6:19 GMT|

Tags:


2025 budget will bridge infrastructure deficit – Tinubu

PRESIDENT Bola Tinubu on Monday said that the borrowing envisaged in the 2025 budget was targeted at providing critical infrastructure....

Read More
Yahaya Bello threatens to sue online media over alleged comment against Tinubu

FORMER Gov. Yahaya Bello of Kogi has threatened to sue persons behind an online media, Daily Excessive, over alleged fake...

Read More
How to curb unemployment, Economists tell FG

ECONOMISTS have urged the Federal Government to invest more in the Information and Communication Technology (ICT) Sector and mechanised agriculture...

Read More