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Dredging Business Is An Essential Service In Nigeria by Dmolar(m): 10:16pm On Oct 05, 2021 |
Establishments in the Dredging industry engage in dredging services such as moving deep-water sediment to keep waterways open for commerce and replenishing beaches and other maritime and wetland environments. Dredging can be applied in Reclamation, River crossing, Canalization, Shore protection, Sweeping and Stock piling (pump and sale), though the focus of this report is on Stock piling (pump and sale). The major providers of dredging activities engage in stockpiling for sale. Only very few sand suppliers use manual method to scoop sand from the creeks. The result is that only a small percentage of demand for sharp sand is met. The Dredging Services industry is an essential service in the Nigeria economy that facilitates port functionality and supports two vital sectors, maritime tourism and international trade. Additionally, dredging services play an important role in restoring and preserving wetlands, coastlines and maritime habitats. As a result, the industry benefits from public and private restoration projects. While government budget cuts have stemmed growth, rising demand for dredging services is expected to increase industry revenue over the five years to 2016. As ocean freight lines develop and incorporate enormous cargo vessels into their fleets to improve shipping efficiencies and economies of scale, the need for dredging services will increase. The Dredging industry is indeed a large industry and pretty much active in most countries of the world most especially in Nigeria, south africa, Egypt, United Kingdom, Mexico and Caribbean countries et al. A recent report published shows that the Dredging industry is in the growing phase of its life cycle. Regardless of economic conditions or federal funding, ports, harbors and waterways all hold a strong underlying demand for maintenance dredging services. These services are a necessity to maintaining maritime trade and tourism in Nigeria, two vital sectors of Nigerian economy. Dredging is fast becoming one of the industries in Nigeria used in accomplishing projects belonging to federal, state and local governments, as well as serving the various needs of oil field operating companies. It is also now becoming useful for private sector real estate development through the demand for sand. The ever increasing deficit in housing supply in Nigeria which is estimated at over sixteen million {16,000,000} units and the need for the construction of other important infrastructure if the country is to meet up with the vision 20:2021 project of becoming amongst the top 20 economies in the world by 2021 continues to drive the need for the use of modern equipment in the dredging of sand, in order to meet with demands. It is worthy of mentioning that there are several business opportunities around the dredging industry especially as it relates to the leasing of dredgers in Nigeria. The cost of leasing dredgers in Nigeria is dependent on size, manufacturer and pump rate. In a nutshell, starting and operating a sand dredging company can be tasking and challenging, but the truth is that it can be rewarding at the same time. One good thing about the industry is that it is open to both big time investors who have the capacity to start the business with a fleet of dredgers, earthmoving tractors and trucks and aspiring entrepreneurs who may want to start with just one dredger, earth moving tractor and truck. We build and construct Chinese fabricated dredger. Call for any of these services * Reclamation *channelization * sweeping * canalization * stock pilling * General consultant 08159409825
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Re: Dredging Business Is An Essential Service In Nigeria by Dmolar(m): 3:53pm On Oct 06, 2021 |
[quote author=Dmolar post=106484133]Establishments in the Dredging industry engage in dredging services such as moving deep-water sediment to keep waterways open for commerce and replenishing beaches and other maritime and wetland environments. Dredging can be applied in Reclamation, River crossing, Canalization, Shore protection, Sweeping and Stock piling (pump and sale), though the focus of this report is on Stock piling (pump and sale). The major providers of dredging activities engage in stockpiling for sale. Only very few sand suppliers use manual method to scoop sand from the creeks. The result is that only a small percentage of demand for sharp sand is met. The Dredging Services industry is an essential service in the Nigeria economy that facilitates port functionality and supports two vital sectors, maritime tourism and international trade. Additionally, dredging services play an important role in restoring and preserving wetlands, coastlines and maritime habitats. As a result, the industry benefits from public and private restoration projects. While government budget cuts have stemmed growth, rising demand for dredging services is expected to increase industry revenue over the five years to 2016. As ocean freight lines develop and incorporate enormous cargo vessels into their fleets to improve shipping efficiencies and economies of scale, the need for dredging services will increase. The Dredging industry is indeed a large industry and pretty much active in most countries of the world most especially in Nigeria, south africa, Egypt, United Kingdom, Mexico and Caribbean countries et al. A recent report published shows that the Dredging industry is in the growing phase of its life cycle. Regardless of economic conditions or federal funding, ports, harbors and waterways all hold a strong underlying demand for maintenance dredging services. These services are a necessity to maintaining maritime trade and tourism in Nigeria, two vital sectors of Nigerian economy. Dredging is fast becoming one of the industries in Nigeria used in accomplishing projects belonging to federal, state and local governments, as well as serving the various needs of oil field operating companies. It is also now becoming useful for private sector real estate development through the demand for sand. The ever increasing deficit in housing supply in Nigeria which is estimated at over sixteen million {16,000,000} units and the need for the construction of other important infrastructure if the country is to meet up with the vision 20:2021 project of becoming amongst the top 20 economies in the world by 2021 continues to drive the need for the use of modern equipment in the dredging of sand, in order to meet with demands. It is worthy of mentioning that there are several business opportunities around the dredging industry especially as it relates to the leasing of dredgers in Nigeria. The cost of leasing dredgers in Nigeria is dependent on size, manufacturer and pump rate. In a nutshell, starting and operating a sand dredging company can be tasking and challenging, but the truth is that it can be rewarding at the same time. One good thing about the industry is that it is open to both big time investors who have the capacity to start the business with a fleet of dredgers, earthmoving tractors and trucks and aspiring entrepreneurs who may want to start with just one dredger, earth moving tractor and truck. We build and construct Chinese fabricated dredger. Call for any of these services * Reclamation *channelization * sweeping * canalization * stock pilling * General consultant WhatsApp: 07031885762 08127543944
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