FOUR infrastructure asset managers – the AAA Consortium, Chapel Hill Denham, Africa Infrastructure Investment Managers here in Nigeria and Sanlam Infraworks under the supervision of the governor of the Central Bank of Nigeria (CBN) – have signed the Infrastructure Corporation of Nigeria (InfraCorp) term sheet. This signifies their readiness to operate together to deliver infrastructure to the nation. Emefiele said that if the private sector is correctly incentivised, it has the ability to deploy the critical resources and capacity to deliver successfully. “For infrastructure projects originated by the public sector, InfraCorp’s goal is to shape projects for private sector financing and management. For projects originated by the private sector, InfraCorp will help shape government policy to support and sustain private sector investment,” Emefiele explained.

Source: Nigerian Tribune April 11, 2022 03:31 UTC