CITIC CONSTRUCTION, WALFOR ENGINEERING TO PARTNER WATER CORPORATION ON OPPORTUNITIES
The Citic Construction and Walfor Engineering are partnering with Lagos Water Corporation on Investment Opportunities in Water Sector to put the State on track. The Group Managing Director/CEO, Lagos Water Corporation, Engr. Muminu Badmus made this assertion recently during the Investors courtesy call to the Water House, Ijora, recently.
The LWC boss said partnering with investors is a panacea to the Water scarcity, he said Government alone cannot fund Water Provision in the State because of other social services, like Education, Security, Housing, Transportation etc. The Engineer said “we need fresh injection of Private capital to make water available to every home in the State”.
In his contribution, the President of African Division, Citic Construction, Mr. Liu Guigen said partnering with Water Corporation through Construction of Treatment plant, Rehabilitation of Waterworks and Mains reticulation will boost Water supply in the State. In addition, the President of Adjunte, Citic Construction added that Investing in IPP and Pre-Paid Metering would be included in their proposal on the Investment Opportunities in Water Sector, as discussion is on-going.
For more information, please contact:
Mr. Akinmuleya O.
Controller, Media and Publicity Division
Lagos Water Corporation