The initiative is coming on the heels of a recent talk held between the state government as represented by the Ministry of Transport and Mesers Macnath Investment known with the brand name of Nana Motors.
According to a disclosure made by the Commissioner for Transport, Barr Rex Anunobi in a statement signed by his Special Assistant on Media, Mr Ebere Uzokwa, the automated Metro Transport scheme as designed is a Public Private Partnership between the state government and the management of Macnath Investment.
Barr Anunobi said that the “scheme would be launched with an initial 130 brand new fleets of 46-Seater Leyland buses covering inter and intra city routes from Owerri capital city”.
He said, “The management of Ministry of Transport is glad to announce a successful business meeting entered with Nana Motors through a Development Partner, Macnath Investment, who proposes to boost our transport system with 500 brand new vehicles for the provision of commercial transportation services to the people of Imo State under Public Private Partnership with the Government of Imo State.
“By the time every arrangement is duly perfected, the scheme will be flagged off with an initial 130 brand new buses of 46-Seater Leyland model which will ultimately ensure efficient service delivery, increase the state revenue from the transport sector, create additional jobs as well as empower the citizens of the state”, the Commissioner stated.
The Commissioner maintained that the Ministry of Transport is determined to translate the vision of Gov. Hope Uzodinma for the transport sector into a practical reality through strategic arrangements with the private sector. He assured that the Ministry would study the proposal and make necessary recommendations to the governor for onward commencement of implementation.
In his presentation earlier, the Chairman and Chief Executive Officer of Nana Motors Ltd and Macnath Investment Ltd, Mr. Nathan Nwaiwu, said they have proposed an investment size of 500 brand new buses with an initial deployment of 130 buses.
According to him, “the investment will cover the cost of vehicles, Insurance, Tracking, Speed Limit and other ancillary costs” which incidentally will help to stimulate the state economy.
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