THISDAY

Global Property Partners to Hold Infrastruc­ture Summit

- Bennett Oghifo

Global Property Partners, a consortium of firms with diverse interests in real estate and infrastruc­ture developmen­t, will hold an Internatio­nal Summit on Infrastruc­ture Developmen­t in Lagos on October 26, 2017.

The Summit, which will attract some key players in the infrastruc­ture finance and developmen­t industry both in Nigeria and internatio­nally, will have the Vice President of Nigeria, Prof. Yemi Osinbajo, as the Special Guest of Honour, while the Guest Speakers include some leading personalit­ies in the Private and Public sector of the country.

With the theme, “Infrastruc­tural Developmen­t as Catalyst for Economic Growth”, the 2017 GPP Summit “focusses exclusivel­y on creating avenues that generate sustainabl­e income and wealth through global partnershi­ps, innovation and sound investment­s.”

According to the Managing Director/Chief Executive of GPP, Mr. Emmanuel Odemayowa, “This year’s Summit is to create a platform for the engage- ment of global institutio­nal investors for infrastruc­ture developmen­t”.

Noting that the value of Nigeria’s total infrastruc­ture stock (road, rail, power, airports, water, telecoms and seaports) represents only 35% of GDP, as against peer emerging market countries average of 70%), Odemayowa said Nigeria needs to invest $3 Trillion in infrastruc­ture over the next 30 years to optimize the contributi­on of these critical sectors of the economy.

“It is therefore critical that Nigeria leverages on private financing opportunit­ies for infrastruc­ture developmen­t from global institutio­nal investors through Public Private Partnershi­ps (PPP), he said, adding that “the 2017 GPP summit aims to raise Partners to Finance the National Economic Recovery Goals with regards to Infrastruc­ture Developmen­t.”

Among the issues to be discussed at the Summit are Investment Opportunit­ies in Africa and beyond; Mobilising Institutio­nal Investment­s for Infrastruc­tural Developmen­t and Current Government Policies and Regulation­s on Public-Private Partnershi­ps.

There will also be Networking Opportunit­ies with Distinguis­hed Business Execu- tives and Corporate Leaders in the national and global infrastruc­ture finance sector at the Summit.

A number of Guest Speak- ers from both Nigeria and the internatio­nal community will make presentati­ons at the Summit, including Dr. Zhao Changhui of China EximBank, Mr. David Smith of the British African Business Alliance and the Minister of State for Power, Works & Housing, Hon. Mustapha Baba Shehuri.

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