Telesuprecon has established a credible presence in several West African countries through consistent and successful delivery of telecom infrastructure, maintenance and installation projects. For over a decade, Telesuprecon has served African government agencies while executing challenging projects and providing complete solutions to demanding tasks. Our reputation and expertise in West African business development procedures and strategies significantly enhances the prospects to identify and clinch the best high value projects in a number of different areas.
West African countries have a tough business environment which makes execution of mega projects very challenging. Telesuprecon's senior management have experience of over two decades exclusively executing telecom infrastructure projects in West Africa. Over the years, they have gained expertise in delivering complete solutions which has made Telesuprecon one of the fastest growing telecom infrastructure companies in West Africa. Telesuprecon is the preferred partner of government agencies and global multinational corporations such as MTN, Huawei and Airtel in West Africa.
Telesuprecon is committed to improve the communication network in Africa and we have already completed survey, designing, development and implementation of over 14,000 km of OFC network across Africa. We are also maintaining Optical Networks with route lengths exceeding 9,500 km and have constructed 20 cell sites and hybrid sites operating on solar power. With demand for telecommunication already reaching breaking point, the telecom infrastructure industry is poised for significant expansion.
According to World Bank, with every $1 invested in telecom infrastructure, a return of $6 is generated in economic returns. The Nigerian broadband market is huge and according to the NCC (Nigerian Communications Commission), is one of the top markets in the world that guarantees highest returns on investment Nigerian government proposes reduction in telcos taxes to boost sector investment
Governments in the West African nations are focusing on private sector investments in core infrastructure areas. Telesuprecon has worked with government agencies for over a decade in various telecom infrastructure projects and in the process has gained a comprehensive understanding about government procedures and regulations. Telesuprecon can leverage this experience in clinching some of the major infrastructure projects that are expected to unfold in the near future in West Africa.
Nigerian government has identified diversifying of economy as a priority in the 2016 budget. The capital expenditure in infrastructure has been increased by 223% to U.S.$9.05 billion compared to 2015. Developing Nigeria's infrastructure will require significant private sector funding and strong collaboration between the government and the private sector. The infrastructure spend is expected to increase from $23 billion in 2013 to $77 billion in 2025.
With West Africa being the fastest growing region in Africa, it is expected that demand for specialized construction in areas such as Healthcare, Hospitality, Education, Stadiums, Airports, and Ports will increase.
About 30,000 Nigerians cumulatively spend about US$1 billion annually on healthcare services outside the country. There is an opportunity to build quality tertiary care hospitals. Most of the 78 state and federal universities in Nigeria lack in infrastructure. With demand for quality education on the rise, there is scope of developing world-class institutions.
With rapid industrialization, construction is poised to expand significantly in West Africa presenting opportunities in areas such as Power, Steel, Cement, Automobiles, Pharmaceutical, Warehouses, etc.
The economic transformation agenda, otherwise known as Nigeria Vision 20: 2020, sets the direction for the current industrial policy in Nigeria envisions achieving greater global competitiveness in the production of specific processed and manufactured goods. Through private-public partnerships the country is pursuing and promoting a comprehensive policy of cluster development in the manufacturing and processing industries which is expected to present new opportunities in specialized industrial construction.
Increased water consumption by industry, agriculture and growing urban populations in West Africa are providing unprecedented opportunities for collaboration and investment in the water infrastructure industry. Multinational companies are investing in West Africa and partner with local companies and utilities to develop collection, purification and distribution projects worth many billions of dollars. Areas of investment include water leakage and security technologies, advanced wastewater treatment and desalination systems, new water production techniques, system integrators and equipment.
About 51% of Nigeria's population resides in rural or remote areas and only 47% of this rural populace have access to improved water sources. 49% that live in urban and peri-urban areas, only 72% of have access to improved water sources. The Nigeria MDG Office estimates that US$2.5 billion was spent annually to meet the water supply and sanitation targets between 2007 and 2015. This spending is expected to increase significantly in the next decade.
With a growth rate of more than 7.4 % since 2014, it is the fastest growing region in the continent. With power consumption expected to triple to an estimated 2.55 million megawatts by 2040, the demand for new power generation continues to grow.