SIFAX Group, South Africa Chamber discuss financing model for maritime sector

• BPE DG is the guest speaker

SIFAX Group, a group of companies with investment in Maritime, Aviation, Oil & Gas, Haulage & Logistics, Financial Services and Hospitality, in line with its industry leadership objectives takes the lead again in charting a new course for funding of critical infrastructure development in the country’s maritime sector.

The company in partnership with Nigeria-South Africa Chamber of Commerce is set to bring together key industry stakeholders, to discuss the alternative sources of funding critical infrastructure development in the maritime sector.

This will be the focus of the Chamber’s monthly business networking event scheduled to hold on Thursday, March 25, 2021.

The virtual event’s topic is, ‘Public Private Partnership as Alternative Financing Model in the Maritime Sector’. The guest speaker is Mr. Alex Okoh, Director General, Bureau of Public enterprises (BPE).

According to the Group Executive Director, SIFAX, Bode Ojeniyi, “the partnership with Chamber of Commerce is designed as a melting pot for policy makers and prospective investors in the sector, to discuss and exchange ideas on financing projects that can contribute better to the country’s economic growth.”

He said further: “Riding on the enormous success achieved through the concession of port terminals by the Federal Government, SIFAX Group believes there are more opportunities for private sector participation in the country’s maritime sector.

“SIFAX Group wants to be at the fore front of this discourse and wants to use this event to rally stakeholders for advocacy in this direction.”

The Director General, Bureau of Public Enterprises (BPE), Dr. Alex Okoh, a man with vast experience and remarkable successes in Public Private Partnerships (PPP) in Nigeria will lead the discussions, drawing various insights into how PPP can help government overcome the challenges confronting maritime sector.

Leading players in the country’s maritime sector, as well as other business leaders will participate in this webinar and networking platform. The general public is also welcome to participate in the discussion by using the registration link – http://bit.ly/NSACC07.