SIFAX Group, South Africa Chamber set to discuss alternative source of funding maritime infrastructure.


Segun Oladipupo

In its efforts at charting a new course for the funding of critical infrastructure development in the country’s maritime sector, SIFAX Group in partnership with Nigeria-South Africa Chamber of Commerce is set to bring stakeholders together to discuss alternative sources of funding.The Corporate Affairs Manager of
SIFAX Group, Muyiwa Akande revealed this to our correspondent in a press release on Monday.

The statement explained that the  forum will centre discussions  on alternative sources for funding of critical infrastructural development in the sector.

The monthly Chamber’s business networking event, is scheduled to hold on Thursday, March 25, 2021.

“The virtual event’s topic is “Public Private Partnership as Alternative Financing Model in the Maritime Sector”. The guest speaker is Mr. Alex Okoh, Director General, Bureau of Public enterprises (BPE).

“According to Bode Ojeniyi, Group Executive Director, SIFAX Group, the partnership with the Chamber of Commerce is designed as a melting pot for policy makers and prospective investors in the sector to discuss and exchange ideas on financing projects such that the industry can contribute better to the country’s economic growth.

He said, “Riding on the enormous success achieved through the concession of port terminals by the Federal Government, SIFAX Group believes there are more opportunities for private sector participation in the country’s maritime sector.

“SIFAX Group wants to be at the fore front of this discourse and wants to use this event to rally stakeholders for advocacy in this direction.”

Dr. Alex Okoh, Director General, Bureau of Public Enterprises (BPE), a man with vast experience and remarkable successes in Public Private Partnerships (PPP) in Nigeria will lead the discussions, drawing various insights into how PPP can help the government overcome the many challenges confronting the maritime sector.

“Leading players in the country’s maritime sector as well as other business leaders will participate in this webinar and networking platform. The general public is also welcome to participate in the discussion by using the registration link-  http://bit.ly/NSACC07

© 2021, maritimemag. All rights reserved.

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