×

Most Widely Read Newspaper

Klinserv secures $100m development deal for cleaning project

klinserv

L-R (from 3rd): President, Nigerian-German Chamber of Commerce, Mrs Yemi Keri; Lagos State Commissioner for Commerce, Cooperatives, Trade, and Investment, Mrs Folashade Ambrose-Medebem, representing Governor Babajide Sanwo-Olu; Vice Consul, German Consulate in Nigeria, Mr Jochen Schindelarz, representing the Consul General, Mr Weert Börner; Chairman/CEO, Klinserv Solutions Limited, Dr Tunde Ayeye; Hako Group’s Regional Manager for Middle East, Mr Rejie Cojo; and other dignitaries at the launching of Hako municipal and industrial cleaning technology at Oriental Hotel, Victoria Island, Lagos, on Thursday.



Getting your Trinity Audio player ready...

Klinserv has secured $100m in development financing to support its municipal cleaning project.

Speaking on the business operations, Chief Executive Officer Dr Tunde Ayeye stated that the municipal project was carried out in partnership with Hako, a world-leading German manufacturer of municipal, residential, and industrial cleaning machines and robots.

The company unveiled a series of eco-friendly cleaning machines and robotics designed for use across various sectors, including maritime, oil and gas, aviation, manufacturing, construction sites, as well as roads, streets, and the built environment. These machines and robots come in different models tailored for cleaning airport tarmacs, runways, hangars, seaport terminals, dockyards, ship floors, cargo storage areas, factories, roads, streets, drainage areas, and residential areas.

Ayeye said, “We have secured a development partner financing to the tune of $100m to support this project. So basically, we are creating a business model with the Lagos State Government, and not just Lagos State; we welcome all other states in the federation and sub-Saharan Africa to come and establish this business model with us. The business model is similar to the PSP model in Lagos, where the government doesn’t have to put the money down.

“The development partners have provided us with the funding access so that, rather than pay once for it, because that funding is there, the government can pay over five years or 10 years, depending on the capacity of the market that they are dealing with. So, because they are development partners, it has to be a huge government involvement. The government must sort of guarantee the project to say yes, because essentially it is for the municipal products, things for the high roads, the highways and projects like that.

“We are the operators of that whole arrangement. So, we are the technology partners. We engage with the government. They agree; they sign an MOU, then the government pulls in its own people that will operate, while we provide the technology, train the people that will operate it, and then the mechanism for payment over whatever period of time, depending on the capacity of the state and the environment, will be agreed upon so it creates jobs.”

Speaking on the Hako-Klinserv partnership, the Hako Group’s Regional Manager for the Middle East and Africa, Reji Cojo, said the company was a world-leading provider of cleaning municipal and waterjet-high-pressure technology, working with distributors across the world to ensure seamless aftersales maintenance for the cleaning machines and robots, which are designed to use batteries, diesel or petrol in a manner that ensures eco-friendly adoption.

“Hako is the first company in Europe to manufacture sweeping machines in 1961, after several decades of manufacturing agricultural machines. By 2021, Hako manufactured its first series of cleaning robots, which work without being manned as programmed,” he said.

Meanwhile, Lagos State Governor Babajide Sanwo-Olu, who was represented at the event by the state Commissioner for Commerce, Cooperatives, Trade, and Investment Folashade Ambrose-Medebem, emphasised that the introduction of PECO, state-of-the-art outdoor municipal sweepers, advanced robotic machines and specialised equipment tailored for diverse sectors marks a promising new chapter for Lagos State, Nigeria, and the West African region.

“Lagos State, as the chosen regional hub for this product launch, stands at the forefront of this exciting technological advancement. Our city faces the challenges of rapid urbanisation and rapid population growth, which demand innovative and sustainable solutions to maintain cleanliness, improve hygiene and protect our environment,” the governor said.

Josephine Ogundeji

Josephine, a correspondent with The PUNCH has over two years experience covering the building industry and the personal finance ecosystem

Stay informed and ahead of the curve! Follow The Punch Newspaper on WhatsApp for real-time updates, breaking news, and exclusive content. Don't miss a headline – join now!

Join The Punch Newspapers Channel
  • Thousands of companies are sacking their workers due to AI (artificial intelligence), no industry is spared, business owners are in panic mode due to its rapid change. The solution is to earn in US Dollars(up to $55,000) while living in Nigeria or Diaspora. Click here to start.

  • Download e-Copy

    Latest News