7 months ago

BusinessDay 11 Apr 2018


Wednesday 11 April 2018 26 BUSINESS DAY C002D5556 Vehicle importers to save 35% on IYCN platform …As Import Your Car Nigeria launches in Lagos MIKE OCHONMA If everything works according to planned and in line with the good intentions of those behind the initiative, prospective importers of vehicles from diiferent parts of the world can save 35percent as cost in the process of bringing in their vehicles into the country.This This was made known recently by the management of Import Your Car Nigeria; an internationally licensed car broker that officially opened shop for business in Lagos to offer services to those seeking a reliable and affordable car acquisition and importation option without any hassles. The automobile brokerage service provider while launching in Lagos to offer all car dealers and customers promises to offer transparent option to the buying public to enable them to get the best deal on all vehicles of their choice. Import Your Car Nigeria is an automobile brokerage company that provide the platform with solutions for intending car buyers searching for the lots, bidding or buying process, shipment to Lagos and local custom clearing. Auto buyers can save up to 35% as compared to local car prices when they bid, buy and ship through Import Your Car Nigeria. Licensed both by the government and major auto auction companies in the United States and Canada, Import Your Car Nigeria offers professional advice and act as your one point contact locally in Nigeria. Speaking at the launch, Ada Atoba, general manager, sales & operation of Import Your Car Nigeria, said the primary aim of the company is to enable more Nigerians own the car of their choice based on their budgets. According to the general manager, “Our drive is based on the need to create alternatives that are reliable, affordable and assuring to auto buyers. So, our main drive is service especially with the constant increase in the cost of acquiring decent automobile vis-a-vis the purchasing power of Nigerians”, she said. In her words, “We see our relationship with our fleet and individual clients more as partnership as against just business relationship. We want you to get the best deal on your automobile of choice, be it for private use, commercial use, retail purpose or organizational use. Hence, it is almost impossible to beat our deals. We advise, support and, deliver value satisfactorily.” On the procedure of purchasing a vehicle through IYCN, Atoba said: “it’s just a simple process. First it’s either you visit our website site www., call 08021-811- 811 or visit our corporate office in Lagos Nigeria at Suite 212, Ikeja Plaza, 81 Mobolaji Bank Antho ny way Ikeja Lagos’’. Customers are to visit the company’s website and fill out the customer order form to be accompanied by a refundable commitment fees and subsequently expect a response from IYCN within one to two days business days with three options of the preferred car, the location, sales mode either, buy it now or bid options. The company official stated that some of the car dealers and customers that have patronised the services of IYCN have variously described the company as “a solution to owning a car of choice”. She declared that IYCN want to be the leading source of automobile acquisition and importation in Nigeria and West Africa, making life easier for auto buyers and optimistic that the company targets to account for 10% of entire vehicles imported to Nigeria. ‘’We agree on our max bid taking into consideration all costs to Lagos plus customs clearance cost. And with your go ahead, we bid or buy on your behalf and arrange all logistics to get your car to Lagos. Typically, delivery to Lagos after buying and paying for lot ranges between 45-60 days’’. She concluded. New Ikeja bus terminal to move... Continues from page 25 food court, waiting lounge, Wifi and other internet and communication facilities. The Ikeja facility is part of the massive and aggressive bus reform strategic plan that will also see to the construction of other 13 different bus terminals which will employ an estimated 3000 youths in the state. As at the time of filing this report, BusinessDay was told that 800 buses scheduled to be assembled and imported from Brazil and designed to suit the Nigerian road conditions are to be purchased and injected into the transportation project by the middle of the year. The commissioner added that the state government is coming with multimodal and integrated transportation system which will take care of about four million people on a daily basis across the state to cater for Lagos residents of especially lower and middle classes, who cannot afford to fund their own cars every day. He noted that the state’s growth was exponential as an emerging megacity and Nigeria’s premier economic centre, saying that “Lagos, no doubt, requires an integrated transport system to meet the demand of its over 20 million citizens and fulfil its aspiration as Africa’s foremost business and entertainment city.” The commissioner further explained that the state Gov. Akinwunmi Ambode was passionate to provide residents with transportation system of international standards which would be responsive to the core need of Lagos residents and teeming visitors. Also speaking, , Biodun Otunla, managing pirector, Planet Projects said that the country has paid less attention to transport in the country, adding that the Ikeja terminal bus is the flagship and will move more than 200,000 passengers daily.The Ikeja terminal bus is sitting on a land size of 10,000 square metres. While responding to questions from the newsmen, Biodun Otunla, managing pirector, Planet Projects lamented that the country has for a very long time paid less attention to transport needs in the country, adding that the Ikeja terminal bus is the flagship and will move more than 200,000 passengers daily. The terminal bus is sitting on a land size of 10000 square metres.

Wednesday 11 April 2018 C002D5556 BUSINESS DAY 27 Local and global rail news as it breaks Lagos-Badagry rail project idles as gridlock persists …Business opportunities along the corridor stalled Stories by MIKE OCHONMA The slow pace of work on the on-going Lagos-Badagry blue rail project linking Marina and Okokomaiko to meet with the set out integrated transportation initiative of Lagos state and the lack of push to deliver it on record time has been described as one of the factors piling up traffic along the corridor which has become a recurring decimal. As at the time of filing this report, BusinessDay’s transport reporter who drives through the corridor can authoritatively report that hoodlums and destitutes have taken over the newly constructed rail terminals along the Lagos-Badagry expressway. The goal of the rail project is to reduce traffic gridlock in the Lagos metropolis by providing additional passenger capacity along the Okokmaiko to Marina corridor to facilitate development of economic activities as well as promote the use of public transportation along the Lagos-Badagry axis. Almost on daily basis are wailings and lamentations by road users crossing the rail corridor on account of criminals using the facilities as a resting place by day and sometimes attacking passers-by at night. Awarded in 2009, the project, handled by the China Civil Engineering and Construction Company, CCECC, and which involves the expansion of the previous fourlane highway to ten lanes as well as a metro rail line from Orile-Iganmu to Okokomaiko, is expected to be completed in 2019. The blue line rail project is a 27 kilometer rail road with thirteen stations from Okokomaiko to Marina is undergoing construction right in Mitsubishi Corp subsidiary MTF Logistics has leased 62 flat wagons from EVR Cargo subsidiary WagonPro. The freightliner operated its first service from Willesden in London to Barrington near Cambridge delivering spoil for Lynch o March 22. They are to be used on container services between the Port of Muuga and Koidula on the Russian border. EVR Cargo already cooperates with MTF Logistics on two intermodal routes. German Rail (DB) Cargo has begun operating a weekly service carrying new cars between Kornwestheim in Germany and the Port of Barcelona. Comprising 22 wagons with capacity for 250 cars, at 685m the train is the longest 1435 mm freight service to be handled by RENFE, which is responsible for providing traction from Le Soler in France to Barcelona. Medway of Portugal is due to begin operating on April 4 a daily container service for its parent MSC, linking the port of Sines the middle of the expressway which government is currently expanding and redeveloping into a ten-lane international gateway. It would recalled that in April 2008, the Lagos State Government approved ₦70 billion for construction of the Okokomaiko-Iddo-Marina Line, with an estimated completion date of 2011. However, the project suffered many delays due to funding shortfalls. The opening date was revised to June 2013, then December 2016, then 2017. As of November 2016, only 16 km of the 27 km Blue Line had been completed. The contract was awarded to the China Civil Engineering Construction Corporation (CCECC),[17] with advisory services being provided by CPCS Transcom Limited. The Blue Line will run 27.5 km from Marina to Okokomaiko, with 13 stations and an end-to-end journey time of 35 minutes. It will operate over a secure and exclusive World rail freight news round-up with Sevilla in Spain and with capacity for 100 TEU per return journey. Traction Rail will be responsible for hauling the service in Spain, where customers will be able to undertake customs clearance at the terminal in Sevilla. As the UK government issued the invitations to tender for the West Coast Partnership passenger franchise, the Rail Freight Group published a position paper for stakeholders and right-of-way, with no level crossings and no uncontrolled access by pedestrians or vehicles. The route will run on the surface in the central reservation of the Lagos-Badagry Expressway between Igbo-Elerin Road (Okokomaiko) and Iganmu. The line will then be elevated from Iganmu along the south side of the expressway passing the junction with Eric Moore Road, crossing just south of the National Theatre to Iddo, then south to Lagos Island with a terminal at Marina. A Maintenance and Storage Facility (MSF) will be constructed at Okokomaiko, with a track connection from the Blue Line to the depot. A key element of the infrastructure will be a 800 meter 4-track railway bridge spanning the Lagoon from Lagos-Island to Iddo Nigeria Railway Corporation (NRC) Treminal on the Mainland. In the areas of investment opportunities, the blue line corridor is expected to have over 1000 station parking spaces. Opportunities exist for investors on Public Private Partnership basis through a design build operate and transfer (DBOT) model to provide parking along the whole corridor or to select a strategic group of parking locations. There will also be commercial advertisement opportunities on rail cars and electronic digital ad displays on passenger information systems. Electronic and print medium billboards at station platform areas and top of station buildings along the rail corridor. There are also opportunities for branded station bus stops, shelters and taxi parking ranks. Investment opportunities also exists to develop shopping facilities for fast food, newspapers and confectionery kiosks, flower stalls, vending machines, ATM Centres and other commercial activities within station concourses, and interchange areas to take advantage of passenger movements. bidders setting out the freight sector’s key requirements from the West Coast Main Line, which carries around 90 000 freight trains a year. RFG wants to see ‘fair allocation’ of capacity south of Crewe to be released by the transfer of long-distance passenger services to High Speed 2, while infrastructure and operations north of Crewe should ‘meet the needs of all users’. Connected to the national network by 14∙2 km of new railway, a terminal has been opened to handle materials for the construction of Mexico City’s new international airport, comprising two unloading tracks that will be used by a fleet of 375 hopper wagons hauled by 10 locomotives. The 1∙46bn pesos cost of the project has been met by Mexico City terminal railway Ferrovalle and the airport authority. Ferroexpreso Pampeano of Argentina has begun movements of alfafa from Villa Mercedes in San Luis province to the port of Bahía Blanca, the first train comprising 18 wagons loaded with 260 tonnes for export to Saudi Arabia. This follows a two-year programme of renewals on 15 km of track, undertaken by the San Luis provincial government with the aim of developing rail freight traffic. Czesław Warsewicz succeeded Krzysztof Mamiński as PKP Cargo President on March 27, and as a result stepped down from the supervisory board. Leszek Borowiec has been named finance director. Isaka-Kigali electrification feasibility study proposed The governments of Tanzania and Rwanda have commissioned a feasibility study into electrification of the long-planned 521 km cross-border rail link between Isaka and Kigali. Provisionally estimated to cost $2·5bn, the line is intended to connect the landlocked countries of Rwanda and Burundi with the inland container terminal at Isaka in Tanzania, which is linked to Dar es Salaam by an existing metre gauge line. At present, around 80 percent of Rwanda’s international trade passes through Tanzania, although a rail link running north through Uganda is also envisaged. Meeting in Kigali in March, the two countries’ transport ministers agreed to establish a Project Implementation Unit to oversee construction, which is expected to begin later this year under the terms of a bilateral agreement signed by presidents Paul Kagame and John Pombe Magufuli in January. According to Rwanda’s Minister of State for Transport Jean de Dieu Uwihanganye, the electrification study will be overseen by the Rwanda Transport Development Agency and the Joint Technical Monitoring Committee. Electric operation would reduce the railway’s environmental impact as well as permitting higher speeds; passenger trains would be able to operate at up to 160 km/h instead of 120&nspb;km/h, while freight trains could be accelerated from 80 km/h to 120 km/h. Makame Mbarawa, Tanzania’s Minister for Works, Transport & Communication said that open tenders would be called for construction of the cross-border line. With tendering expected to take ‘at least three months’, he hoped that a preferred bidder could begin mobilisation in August. ‘We believe that the foundation stone will be laid in October’, he anticipated. With the cross-border line to be built to 1,435 mm gauge, Tanzania has initiated the construction of a standard gauge line to replace its existing network. Work is already underway on an initial 207 km section between Dar es Salaam and Morogoro, and last year state railway infrastructure authority Reli Assets Holding Co awarded a $1·92bn contract to Yapı Merkezi to build the next 336 km from Morogoro to Makutupora, north of Dodoma. This leaves a gap of around 500 km between Makutupora and Isaka to be closed.

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