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Thursday, 23 August 2018

FG TO ESTABLISH $8.5M TRUCK TRANSIT PARK IN ENUGU STATE

The Federal Government, through the Nigerian Shippers council (NSC), has disclosed plans to establish Truck Transit Park (TTP) in Ogbulafor Enugu State, at an estimated cost of $8.5million.

The Executive Secretary, NSC, Hassan Bello, while receiving the Outline Business Case (OBC) at the Infrastructure Concessioning Regulatory Commission (ICRC), in Abuja, disclosed that the Public Private Partnership (PPP) project would create over 3,154 jobs when completed. Intimating that the Enugu State Government had provided 16.1 hectares for the construction of the TTP, Bello said once the preferred bidder emerges, and approved by the Federal Executive Council, construction work would commence, which is expected to be completed within two years.

He pointed out that the project would be private sector-led, while government would provide the necessary enabling environment for the private sector to recoup their investment.

Bello said the TTP was processed through the Economic, Recovery, Growth Plan (ERGP) focus labs, adding that of the 160 projects processed through the lab, the TTP accounted for seven, and rated 4-star on the scale of 1-5. He said the Truck Park would be intermodal, integrated, and modern, and constructed in such a way that it would be inter- connected with the train stations, Inland Container Dry Port.

(Guardian)

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