Benin Port: Mota-Engil Nigeria Set To Begin Construction

July 13, 2023
by
Benin Port: Mota-Engil Nigeria Set To Begin Construction
File photo: Governor Obaseki, inspecting the Benin Port area

The preferred bidder for the Benin Port Project, Mota Engil Nigeria, has said plans are ongoing to commence the development of the port project, which remains one of the most ambitious legacy projects of the Edo State Governor, Mr. Godwin Obaseki.

The company disclosed this after receiving a new batch of equipment at the PTML terminal in Lagos, which adds to an initial haul of heavy-duty equipment received from the $200 million worth of equipment it had procured for projects across Nigeria.

Join our WhatsApp Channel

Logistics Manager, Mota-Engil Nigeria, Mr. Nuno Colaço who led the company’s team and some maritime journalists to inspect the new equipment at the PTML terminal in Lagos, reiterated Mota-Engil’s commitment to delivery of infrastructure projects in Nigeria.

He said over 200 heavy duty machinery were earlier received in the first week of July, noting that the company’s improved stock of machinery will enable it complete projects on schedule.

He added that the company now boasts of the most modern fleet of equipment in the construction industry in Nigeria and these will be deployed to its ever growing number of project sites to ensure timely and quality delivery.

Chairman of the Benin Port Project, Dr. Greg Ogbeifun, recently confirmed the emergence of Mota Engil Africa as the preferred bidder after a one-week evaluation exercise conducted on the bids received in response to the Request for Proposals, from the three pre-qualified bidders.

Governor Obaseki had said the Benin Port project will serve as a launchpad for the expansion of Edo’s $11.8 billion economy, noting that it will catalyse the growth of the agriculture, real estate, manufacturing, food processing, automotive, power, retail and extractive sectors.

The Benin Port is designed to be a unique agro-based Port in Nigeria that encompasses a complete smart Port Community Complex for industrial processing and export of agricultural produce and other goods, with independent, clean and renewable energy installations.

The container and multipurpose terminals of the port will also have RoRo facilities to enable direct importation of vehicles for the thriving automobile industry in Edo State, among other commercial activities that would spring from the port operations.

Admin
+ posts

Featured Stories

Latest from Business

Bulls Charge Ahead As NGX Shatters Records As Market Cap Surpasses N50trn

Tantalizer Among Gainers As NGX Market Cap Surges By N598bn

Academy topped the gainers’ chart on the Nigerian Exchange (NGX) on Wednesday, January 14, and May & Baker led the losers’ table as the bourse’s market capitalisation increased by N598.40 billion. According to data provided by the NGX, also known as the

Naira Records Mixed Fortunes In Official, Black Markets

The value of the naira appreciated marginally by 0.05 percent following a N0.75 kobo decrease in the foreign exchange (FX) rate of the United States dollar (USD) in the Nigerian foreign exchange market (NFEM), on Wednesday, January 14. In an NFEM data

Nestoil, Neconde Reject Viral Supreme Court Reports

Nestoil Nigeria Limited and Neconde Energy Limited have dismissed media claims suggesting a Supreme Court decision had been reached in their ongoing legal dispute with a consortium of lenders. In a statement on Tuesday, the companies said reports claiming winners or losers
Previous Story

FIFA Bans Al-Nassr From Buying More Players To Join Cristiano Ronaldo

NCDMB To Implement Report On In-Country Manufacturing of Pumps, Valves, Equipment Categories
Next Story

NCDMB To Implement Report On In-Country Manufacturing

Don't Miss

UK

Omicron: Why We Removed Nigeria From Travel Red List – UK

The British High Commissioner to Nigeria, Catriona Laing, has disclosed
SAP, business leaders meet to discuss innovation potential for East Africa

SAP, business leaders meet to discuss innovation potential for East Africa

Hardeep Sound, Regional Sales Director: Emerging Africa at SAP NAIROBI,