Advertisement

NDDC To Partner With Polish Firm For Investment And Development

Channels Television  
Updated February 1, 2016

NDDCThe Niger Delta Development Commission (NDDC) is discussing with officials of Em-Bud Studio 2000, an engineering firm from Poland, on areas of investment that would support the development efforts of the interventionist agency.

The Managing Director of NDDC, Mrs Ibim Semenitari, in a meeting with the representatives of the Polish company at the commission’s headquarters in Port Harcourt, the Rivers State capital, said that the commission’s interest is partnering with organizations that shared its vision of fast-tracking development in the Niger Delta region

She assured the visiting officials that the Niger Delta region was safe for investments, and urged them not to entertain fears about working in the area. She added that the Em-Bud group did not make any mistake in looking in the direction of the Niger Delta for investment opportunities.

Representing the Acting Managing Director, Mrs Ibim Semenitari, the Directorate of Public and Private Partnership (PPP), Osmond Adiele, noted that the NDDC was constrained by inadequate funds which is the reason the commission is unable to make the required impact in the area of development projects.

He also dismissed insinuations that the commission had abandoned some of its projects.

The Chairman of Em-Bud Group, Mr. Emil Musial, while stating the reasons for the visit, said that their interest was in collaborating with the NDDC to develop the energy infrastructure in the region, especially in the area of solar power, as well as investing in projects that would turn waste products into wealth.

He added that the Polish company was not coming to Nigeria to experiment as they had executed similar projects in other developing countries.

The Chairman of the Em–Bud Group said that his company would attract international funding for developmental projects built around the PPP model which is working very well in other parts of the world.