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The gains of concessioning Asaba International Airport Okowa
On
By Festus Ahon
THE International lounge of the Asaba International Airport hosted prominent Deltans, top Government functionaries and investors Tuesday as the Airport was concessioned to a master concessionaire (FIDC-Menzies Consortium, now incorporated as Asaba Airport Company Limited) and sub-concessionaires of technical partners with a designated area of investment for 30 years by the State Government after five years of rigorous and painstaking exercise.
Among the sub-concessionaires is Air Peace airline which has the mandate of the anchor airline with the construction and operation of Maintenance, Repair and Overhaul (MRO) facility at the airport. Multiflight Cargo and Logistics will manage the cargo aspect and its development. Arbico Construction Company will develop the Business Park, Hotel and Convention Centre; Rainoil Limited and Cybernetics Limited are to develop tank farm and aviation
Omon-Julius Onabu in Asaba
Delta State Governor, Dr Ifeanyi Okowa, yetersday performed the groundbreaking of the multi-billion naira Tower Manufacturing and Testing, Industrial Fabrication and Hot Dip Galvanising Facility in Issele-Uku, Aniocha North Local Government Area of the state, with a promise that his administration would sustain its infrastructural and human capital development programmes in order to stimulate increased local and foreign investment in the state.
The project, which is at the instance of DELFRASCO Industries Limited, is Public Private Partnership (PPP) initiative involving the company and the State Government through the Delta State Investment Development Agency (DIDA).
Okowa said that the state is richly endowed with human and natural resources, including about 40 percent of Nigeria’s gas reserves, pointing out that his administration has put in place polices and programmes to ensure an enabling environment for investment to thrive.