Worried over Nigeria’s infrastructure gap hampering economic growth and development, Hammakopp Consortium has announced plans to support the nation’s economic managers to bridge infrastructure gaps in the country.
In a statement, the Managing Director at Hammakopp Consortium, Nnamdi Ikejiofor, said that to achieve that feat, the firm was positioning itself as a preferred partner for infrastructure development in Nigeria.
It restated its commitment to local content development by engaging its local community with sub-contracts and engagement to grow expertise and economy.
“Our competitive edge lies in delivering world-class quality at competitive rates,” Ikejofor said.
“By deepening our local content capabilities and investing in cutting-edge technology, we have been able to optimise our operations and provide exceptional value to our clients,” he added.
According to experts, Nigeria needs an investment of $2.3tn to $3tn over the next 30 years to close its public infrastructure deficit, which translates to an annual investment of $100bn to $150bn.
Hammakopp Consortium has a proven track record of successful project execution, including notable projects such as the EPIC Development Outstation Accommodation at Nembe Creek for SPDC, the Construction of Ship Repair Facility at Nestoil Abuloma Yard, and the Reconstruction of Savinovo-Umuofor-Bright Street/Nkwo-Umuhu-Ubahuezike Road, among others.
Ikejiofor stated that the subsidiary under the Nestoil Group was committed to empowering local communities and businesses through sustainable knowledge transfer and skill development.
’By engaging local manpower with subcontracting services, our contribution to job creation and economic growth across our communities is above board,’’ he stated.
He remarked that the firm was working to bridge the infrastructural gap in the construction sector, as with its design partners, it had developed ready-for-sale housing models suitable for low- to medium-income households.
He noted that the firm was not ignorant of the volatile nature of the African market and the inherent risks involved, but its internal processes were fine-tuned from time to time to manage and mitigate emerging risks.
‘’Our experience and record of past risks are also key contributors to our risk management acumen,’’ he enthused.