Ibom Airport Company Partners NIESV on Valuation, Facility Mgt

Okon Bassey in Uyo

The Ibom Airport Development Company Limited (IADCL) has expressed readiness to partner the Nigerian Institution of Estate Surveyors and Valuers (NIESV), Akwa Ibom State branch, in the area of valuation and facility management on professional advice.

This is as the Nigerian Institution of Estate Surveyors and Valuers in the state also commemorated it’s 2024 Valuation Day Activities with a theme: ‘Importance of Assets Valuation in Financial stability’.

The Managing Director, Mr. Uwem Ekanem, stated this when the executive members of the land profession led by its chairman paid him a courtesy visit.

He said though some of their staffers are members of the body, the company would open its doors to professional advice and would also like to work with the group on projects management at the airport.

He explained that the airport, which operates on three tripods: Maintenance Repairs and Overhaul; Cargo and Commercial flights operations both local and internationally is opened to investors in the area of infrastructure development.

Ekanem, who spoke glowingly on the international wing/facilities at the airport, said the government is already working assiduously to establish an airport city (metropolis) by building a hotel, schools and super stores among other facilities to rank it with its counterparts anywhere in the world.

He further maintained that, the partnership with NIESV would improve the airport as there are many things to gain from the symbiotic relationship.

According to him, “We are happy to work with you to develop the airport. The idea is to have an airport city and there would be a whole lot to do.

“We will continue to support the Nigerian Institution of Estate Surveyors and Valuers for professional advice as government has created an enabling environment for businesses to thrive.

“Therefore, we welcome investors to establish their investments that would support the airport, which is easily accessible as a result of good roads infrastructure and other facilities to serve Akwa Ibom State and beyond.”

The Chairman of the Akwa Ibom State branch of the Nigerian Institution of Estate Surveyors and Valuers, Obot Akpan, thanked the managing director for the visit, saying they came to register their compliments as part of NIESV Valuation Day activities to the success story of the company, and to interact with the management of the company on areas of professional contributions to Ibom Airport Company for sound business decisions towards reaching and sustaining the company’s financial stability.

He said members of NIESV are real estate’s professionals trained and registered under the Nigerian Law to practice the profession which scope covers; land administration, valuation of properties and all assets for various purposes including (IPSAS), insurance, taxation, mortgages, assets register among others, describing the organisation as a dependable business ally to both public and private institutions in the country even in the areas of housing and project development.

Akpan, however, appealed to the MD of Ibom Airport Company to collaborate with them in the areas of asset valuation being their core scope and advice towards effective management of the airport facilities for informed business decisions and growth of Ibom Airport.