Global Property Partners holds infrastructure summit
Global Property Partners, a consortium of firms with diverse interests in real estate and infrastructure development, will hold an International Summit on Infrastructure Development in Lagos.
The summit, which will attract some key players in the infrastructure finance and development industry both in Nigeria and internationally, will have the Vice President of Nigeria, Prof. Yemi Osinbajo, as the Special Guest of Honour, while the Guest Speakers include some leading personalities in the Private and Public sector of the country.
With the theme, “Infrastructural Development as Catalyst for Economic Growth”, the 2017 GPP Summit “focuses exclusively on creating avenues that generate sustainable income and wealth through global partnerships, innovation and sound investments”.
According to the Managing Director/Chief Executive of GPP, Mr. Emmanuel Odemayowa, “this year’s Summit is to create a platform for the engagement of global institutional investors for infrastructure development”.
Noting that the value of Nigeria’s total infrastructure stock (road, rail, power, airports, water, telecoms and seaports) represents only 35 per cent of GDP, as against peer emerging market countries average of 70per cent), Mr. Odemayowa said Nigeria needs to invest $3 Trillion in infrastructure over the next 30 years to optimize the contribution of these critical sectors of the economy.
“It is therefore critical that Nigeria leverages on private financing opportunities for infrastructure development from global institutional investors through Public Private Partnerships (PPP). The 2017 GPP summit aims to raise Partners to Finance the National Economic Recovery Goals with regards to Infrastructure Development,” he said.
Among the issues to be discussed at the Summit are Investment Opportunities in Africa and beyond; Mobilizing Institutional Investments for Infrastructural Development and Current Government Policies and Regulations on Public-Private Partnerships.
There will also be Networking Opportunities with Distinguished Business Executives and Corporate Leaders in the national and global infrastructure finance sector at the Summit.
Among guest speakers are Dr. Zhao Changhui of China EximBank, Mr. David Smith of the British African Business Alliance and the Minister of State for Power, Works and Housing, Mustapha Baba Shehuri.