Emily Johnson
Tue, Aug 1, 2023 2:20 PM

FAAN to Adopt PPP Model for Cargo Village at Lagos Airport

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FAAN to Adopt PPP Model for Cargo Village at Lagos Airport
The Federal Airports Authority of Nigeria (FAAN) has announced plans to adopt a Public Private Partnership (PPP) model for the construction of a cargo village at the Murtala Muhammad Airport in Lagos. The cargo village, spanning 27,000 square meters, aims to enhance cargo processing, packaging, documentation, and laboratory services. FAAN intends to partner with private investors to develop the project and increase Nigeria's contribution to cargo exports in Africa.
The Federal Airports Authority of Nigeria (FAAN) is set to boost cargo export in the country through the establishment of a cargo village at the Murtala Muhammad Airport (MMA) in Lagos. The agency announced plans to adopt a Public Private Partnership (PPP) model for the project, which aims to facilitate efficient cargo processing and packaging.Kabir Mohammed, the Managing Director of FAAN, revealed that the cargo village will include state-of-the-art facilities for processing, packaging, documentation, and laboratory services. These facilities are critical in ensuring the quality and safety of exported goods. The project is part of FAAN's efforts to address the challenges hindering Nigeria's capacity to process an adequate amount of cargo at its airports.Nigeria, despite being a leading exporter of agricultural produce on the continent, currently ranks fifth in cargo exports in Africa. Speaking at the groundbreaking ceremony, Mohammed acknowledged Nigeria's untapped potential in the cargo export industry. He expressed his confidence that the establishment of the cargo village, alongside other initiatives, would boost Nigeria's standing and elevate the country to the top of the rankings in the coming years.The cargo village would serve as a one-stop center for cargo-related activities, focusing on processing, packaging, certification, laboratory services, and data gathering for traceability of products. These services are vital in meeting international standards and ensuring the smooth flow of exports. The establishment of the cargo village aligns with FAAN's goal of increasing Nigeria's exports and earnings through cargo transportation.Acknowledging the collaborative effort required for the success of the project, Kabir Mohammed lauded the Avia-Cargo Committee, led by Ambassador Ikechi Uko, for their dedication and contributions. The committee will extend invitations to interested private investors to partner with FAAN on the cargo village project. Careful selection of investors will ensure the project's success and overall improvement of cargo export capabilities in Nigeria.The aviation cargo village at the Murtala Muhammad Airport is poised to transform Nigeria's cargo export sector by providing world-class facilities and services. It will position Nigeria as a major player in the African cargo export market and attract significant investments to the country. The PPP model ensures that private investors bring their expertise and resources to the development of the cargo village, making it a collaborative effort between the government and the private sector.In conclusion, FAAN's adoption of the PPP model for the construction of a cargo village at the Murtala Muhammad Airport is a strategic move towards improving Nigeria's cargo export capabilities. The establishment of this cargo village will contribute to the nation's economic growth, enhance its international trade relations, and solidify its position as a leading player in the African cargo export industry.

Source of content: OOO News 2023-08-01 News

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