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NSC deepens calls for investors in ICDs, TTPs

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Nigerian Shipper’s Council (NCS) is currently seeking more investors to buy into the new windows created by the Inland Container Depots (ICDs) and the Truck Transit Parks (TTP), in the nation’s shipping industry.

Both PPP projects, according to the Council are targeted at decongesting the sea ports and providing public rest areas designed to provide temporary rest location for truck drivers.

Inland Container Depots (ICDs) otherwise referred to as Dry Ports operate as centres for transshipment of sea cargo to inland destinations, Truck Transit Parks (TTPs) are places for short-term breaks and also long-term parking services where truck drivers can get fuel, food, restrooms, shower and basic supplies like oil and spare parts as well as servicing and repairs of haulage vehicles.

A statement credited to the Council’s Head of Special Duties, Mr. Ignatius Nweke said the Minister of Transportation, Rt. Hon. Chibuike Rotimi Amaechi will be the Chief Host at the event and would lead discussions on how best to attract investors to the two investment windows.

Though a date is yet to be fixed for the conference, the key target is to find ways of bridging the infrastructural gap in the nation’s transport sector, as stakeholders will brainstorm on ways to address the infrastructure deficit in the transport sector, decongesting the seaports by ensuring the smooth take off of the Inland Container Depots (ICDs).

NSC said “the roundtable will parade key transport industry stakeholders, Captains of Industry, notable among them, World’s richest black man and President of the Dangote Group and Abdulsalam Rabiu of the BUA Group”.

“It is primarily intended to engage leading investments and development companies and banks like the ECOWAS Bank for Investment and Development (EBID), AFRICEXIM Bank and many other investors to bring in their resources and invest in these viable projects that would bring good returns within a short period of time.”

Others expected at the event include Nobel Laureate, Prof. Wole Soyinka; Chief Executive Officer of the Nigerian Stock Exchange (NSE), Mr. Oscar Onyema and Director General of the Infrastructure Concession Regulatory Commission (ICRC), Engr. Chidi Izuwah will be keynote speakers at the event.

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