5 firms qual­ify for Cross River air­line, ship­ping lines man­age­ment bid

Daily Trust - - BUSINESS - From Eyo Charles, Cal­abar

Only five firms have been lucky enough to be se­lected out of 10 which bid­ded to man­age the pro­posed Cross River air­line, other­wise called Callyair, as well as an­other pro­posed state owned ship­ping line.

The com­pa­nies which scaled through the tech­ni­cal eval­u­a­tion stage are: Cat­a­lyst Gold in­no­va­tion, Glory Air­line, Travel Es­sen­tials, Many­ata en­gi­neer­ing and Tropic Avi­a­tion.

10 com­pa­nies had made pre­sen­ta­tions to the state gov­ern­ment for con­sid­er­a­tion as trans­ac­tion ad­vi­sors for the pro­cure­ment of air­crafts and ves­sels for the pro­posed Air and ship­ping lines re­spec­tively.

The fi­nal bids are ex­pected on the 15th of Au­gust where the com­pa­nies would present their fi­nan­cial bids for the pro­cure­ment ex­er­cise proper.

Com­mis­sioner for Trans­port, Mr. Saviour Ny­ong, said: “Over the years, Cross River, as a coastal state had not tapped into the ben­e­fits of be­ing en­dowed with a coastal land but with the emer­gence of Gov­er­nor Ayade, Cross River is now on track to cor­rect that anom­aly.”

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