FAAN woos for­eign in­vestors on per­ish­able cargo ter­mi­nals

Daily Trust - - AVIATION - From Chris Agabi, La­gos

The Federal Air­port Author­ity of Nigeria (FAAN) is woo­ing for­eign and lo­cal in­vestors to take ad­van­tage of the the op­por­tu­ni­ties avail­able in the fresh cargo ter­mi­nals un­der con­struc­tion across the coun­try.

The Man­ag­ing Di­rec­tor of FAAN, Engr. Saleh Dunoma, made the call to pri­vate in­vestors in a paper he de­liv­ered at the 4th An­nual Emerg­ing Air­ports Con­fer­ence and Ex­hi­bi­tion held in Abu Dhabi, cap­i­tal of United Arab Emi­rates.

The per­ish­able cargo ter­mi­nals would be com­pleted in 2015 and Nigeria should be­gin to ben­e­fit from the over N250 bil­lion an­nual per­ish­able cargo mar­ket in Africa.

He called on for­eign in­vestors to take ad­van­tage of the fer­tile in­vest­ment cli­mate and in­vest in the Nige­rian avi­a­tion sec­tor.

Dunoma said that “op­por­tu­ni­ties abound in the aerotropo­lis project where in­vestors are guar­an­teed re­turn on their in­vest­ments” he said.

He in­vited in­vestors to be part of the aerotropo­lis and fresh pro­duce mar­ket, de­scrib­ing Nigeria’s rat­ing as the 26th econ­omy in the world as a clear in­di­ca­tion that the coun­try was tak­ing its right­ful place as the gi­ant of Africa.

Of­fi­cial sta­tis­tics say the in­vest­ments op­por­tu­ni­ties in the avi­a­tion sec­tor are worth in ex­cess N500 bil­lion.

Mean­while, the Mur­tala Muhammed Air­port, Ikeja, La­gos, has re­ceived an award as the 2014 Best Emerg­ing Air­port - African Re­gion, at the 4th An­nual Emerg­ing Air­ports Con­fer­ence and Ex­hi­bi­tion held in Abu Dhabi, United Arab Emi­rates.

The Man­ag­ing Di­rec­tor of FAAN, Engr. Saleh Dunoma re­ceived the award at the event which took place at the Abu Dhabi Na­tional Ex­hi­bi­tion Cen­tre, FAAN Spokesman Yakubu Dati said.

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