NPA ICRC visit

Nigerian Ports Authority (NPA) and the Port of Antwerp, Belgium Wednesday, signed a Memorandum of Understanding (MoU) to deepen partnership that will drive operational efficiency.

The Ports of Antwerp is the second largest Port in Europe that aims for flexibility, response to a rapidly evolving Maritime Market, allowing the Port to continue playing roles in cooperation, adaptability and focusing greatly on digitalization.

Business Hilights gathered that the MoU which now exists between the two Port entities is also expected to strengthen the bilateral relations between the two countries.

Speaking to stakeholders at the Corporate Headquarters of the NPA the representative of the Managing Director, The Executive Director Marine and Operations Dr Sokonte Huttin Davies submitted that apart from resulting in a boost in efficiency through expertise, development and digitalization, the MoU would ensure simultaneous growth with new skills being acquired and new trends opened.

The agreement which will last for five years effective today the 27th day of November, 2019 will also broaden technical skills and practical knowledge.

The Memorandum of Understanding covers vast areas which include infrastructure, stimulation of trade growth as well as concretizing the enabling environment for the tenets of Public Private Partnership (PPP) to thrive amongst the two Ports.

According to the team from Port of Antwerp, they see greater future in the NPA as it makes progress in its concessioned regime.

In his remarks, President Port Of Antwerp, Annick De Rider, said “West Africa takes a large share in the traffic of Port of Antwerp. It is therefore our ambition to further strengthen our position in West Africa. We aim to pass our know-how and experience. We hope that this mission will create new fruitful contacts, new connections and new business opportunities in order to ensure future growth for years to come”.

Earlier in his opening remarks, the Chairman Board of Directors of the NPA, Emmanuel Olajide Adesoye noted that the industry expectation is that the two organisations would leverage on each other’s expertise for growth in trade, which would result in global economic development for the two nations.

By Business Hilights

Business Hilights is an online news channel conceptualized and structured to report and track on a daily basis; latest developments in critical business sectors to serve as a one stop news gateway for governments, foreign and indigenous investors.

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