NPA Negotiates with Potential Strategic Investors

The Nigerian Ports Authority, managed under a “Landlord” model, has put all necessary arrangement in place to encourage prospective investors, both local and foreign in the Nation’s seaports.

This information was disclosed by Nigerian Ports Authority Managing Director, Malam Habib Abdullahi, during a recent visit of Moody’s Investors Services officials to Lagos.

According to Abdullahi, NPA is in negotiations with potential strategic investors to develop, through Public Private Partnership (PPP) Scheme, deep sea ports in Lekki, Badagry (Lagos) Ibaka (Akwa Ibom) Olokola (Ondo State) and Ogidigben (Delta State).

NPA has mapped out strategies to increase its present Twenty Equivalent Units (TEUS) One Million, Five Hundred Thousand (1,500,000) per annum to Five Million (5,000,000) in the next four years,” said Abdullahi.

The Authority’s decision to invest in infrastructure development, including capital dredging of channels, has paid off as the port just received a 4,500 TEU WAFMAX (West Africa Max) vessel, the first of its kind in Nigerian maritime history.

Dredging Today Staff, July 16, 2014

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3rd International Congress Hydraulic Engineering Structures and Dredging

Russia’s leading maritime industry Media Group PortNews (www.portnews.ru) holds a traditional annual Congress “Hydraulic Engineering Structures and Dredging” in Moscow. 

The two-day Congress includes the 7th International Forum of Dredging Companies and the 3rd Technical Conference “Modern Solutions for Hydraulic Engineering”.

Infrastructure development is among the real sources of Russia’s economy growth. Construction of port facilities and new hydraulic engineering structures on the country’s inland waterways constitute an essential part of all infrastructure projects. It is important to take into account the best international practices to implement these projects effectively.

The program of the Congress will be devoted to the latest technologies for dredging and hydraulic engineering works. Speakers and delegates will refer to real projects to discuss specifics features of dredging works, as well as dedicated fleet and equipment involved.

To learn more about event, please, contact the organizing committee: snitko@portnews.ru

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