Tuesday, April 5, 2011

MAEVIS: The Rumoured Cancellation

The rumoured plan of the government to cancel the maevis deal is discriminatory and punitive.
The industry is plagued with messy concessional agreements that need to be reviewed and renegotiated not cancellation as recommended by the honourable minister of aviation.
The cancellation option will lure the industry into another prolonged litigation process, that will once again, take FAAN’s assets and bank accounts hostage, as witnessed in the past.
The president and his cabinet members will have moved on while FAAN and other stakeholders bear the brunt of the litigation.
I will like to reinstate that all parties must shift grounds and be prepared to renegotiate all agreements.
We must accept that at a stage in the concession process fairness and equity were breeched, which must have necessitated the rushed commissioning of some projects and the vehicles given as gift to top government officials for facilitating , approving and turning the blind eyes to the legal bobby traps in the agreements.
Maevis should not be singled out, all the concessions must be reviewed while also empowering the ICRC by updating the ICRC act rather than have the senate and house committees harassing everybody thru incoherent probes laced with selfish motives.
The concessionaires have added infrastructural value to our airports risking their assets through loans from our troubled banks, the reverberating effect if not properly handled will be a collateral damage to the nation.
Mr. President rather than cancel, please renegotiate the controversial concessions in the industry, this will nurture peace and stimulate the necessary infrastructural growth.
In concluding, let me quote a recent presentation of IATA DG to the Brazilian government that is preparing airport facilities for the next world cup, that “Concessions is the way forward, they must be accompanied by transparent, robust and independent economic regulation supported by effective industry consultations”.

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