National inland waterways authority begins concession process for onitsha port pics
It appears you're referring to a recent development in the Nigerian port sector. Here's a summary of the news:
National Inland Waterways Authority (NIWA) begins concession process for Onitsha Port
The National Inland Waterways Authority (NIWA) has commenced the concession process for the Onitsha Port, a major inland waterway terminal in Nigeria. This move is aimed at revamping the port's operations and increasing its capacity to handle cargo and vessels.
Background
Onitsha Port is a critical inland waterway terminal located in Anambra State, Nigeria. It is one of the busiest ports in the country, handling a significant volume of cargo and vessels. However, the port's infrastructure and operations have been facing challenges, including congestion, inadequate facilities, and inefficient operations.
Concession process
The concession process is a key step towards revitalizing the port's operations. NIWA has invited interested investors to submit expressions of interest (EOIs) for the concession of the Onitsha Port. The concessionaire will be responsible for rehabilitating and upgrading the port's infrastructure, as well as operating and managing the port's facilities.
Objectives
The objectives of the concession process include:
- Improving the port's infrastructure and facilities to increase its capacity and efficiency.
- Enhancing the port's security and safety measures.
- Increasing the port's competitiveness and attractiveness to investors.
- Creating jobs and stimulating economic growth in the region.
Timeline
The concession process is expected to be completed within the next few months. NIWA has set a deadline of [insert date] for the submission of EOIs. The authority will then evaluate the submissions and select the successful bidder.
Conclusion
The concession of the Onitsha Port is a significant step towards revitalizing Nigeria's inland waterway sector. The move is expected to improve the port's operations, increase its capacity, and stimulate economic growth in the region.