PPP: Austrian to partner with Nigeria on transport infrastructure – ICRC

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From Idu Jude Abuja

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 was disclosed on recently in Abuja when the Austrian Ambassador to Nigeria, Thomas Schlesinger paid a courtesy visit to the Director General of the Infrastructure Concession Regulatory Commission (ICRC), Michael Ohiani, and the ICRC Management team.

A press statement issued by Manji Yarling, Ag Head, Media and Publicity, indicates that the envoy was accompanied by Gerd Grobminger, VP, Global Sales Operations; Kapsch TrafficCom an Austrian company, interested in PPP Projects in the transportation sector given their extensive experience in successfully handling various transport-related projects in countries like South Africa, Germany and Italy.

Speaking earlier, the ICRC DG, 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.

Hinting the team on the status of certain PPP Projects in the transportation sector, he said that the Highway Development and Management Initiative (HDMI) Project with its first phase comprising nine (9) road corridors have signed agreements with their preferred bidders and awaiting financial close. Adding that the Central Clearing House (CCH) Project was at the stage of procuring a preferred bidder from a short list.

He assured the team of the commitment of the Commission in providing effective regulation that will ensure successful PPP projects in Nigeria.

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