Promoter gets provisional approval to build $2.9bn Escravos Seaport in Delta State
Mercury Maritime Concession Company (MMCC) Limited, promoter of the proposed $2.9 billion Escravos Seaport Industrial Complex (ESIC – 1) in Delta State, said it has secured a provisional approval from the Federal Government to commence the port project.
The provisional approval was given to the promoter through the Federal Ministry of Transportation (FMOT). Andrew Okoja, chairman of MMCC, who disclosed this at the recent stakeholders’ forum held in Lagos, said the company is also perfecting plans to deposit the sum of $1 billion to the Federal Government through the Federal Ministry of Transportation as a show of commitment and capacity to deliver the port project…
More details through:
Leave a Reply.
News Archive from before July 2018