Kelechukwu Mbagwu MD/CEO, CMB Building Maintenance and Investment Company Limited
By Ephraim Oseji
As part of its commitment to deliver one million housing units and to make them affordable, CMB Building Maintenance and Investment Company Limited has entered into partnership with VERTIKAL Design and Build of Poland. VERTIKAL Design and Build is a Polish company with over 33 years of professional hands-on experience in the European market.
Explaining the choice of CMB, the Chief Executive Officer of VERTIKAL Design and Build, Mr. Blazej Binienda, expressed his confidence on the management of CMB and the quality of projects undertaken praising its expertise and operations despite all odds. He said: “We are very pleased with the cooperation with CMB Nigeria. We visited Nigeria and we know that CMB is a very strong and dynamic developer implementing a number of large investments in many places of the country.” He continued. “We also noticed that the company CMB is very focused on the development and implementation of the best facilities for its customers.”
The new corporate synergy CMB-VERTIKAL Company will be focusing on creating and improving building construction technology with emphasis on innovative building design, structural stability and elevated professional competence as well as enhancing operational capacity to improve construction quality, affordability and delivery of housing infrastructure in Nigeria.
Also speaking on the partnership, the Managing Director/CEO, .CMB Building Maintenance and Investment Company Limited, Mr. Kelechukwu Mbagwu, explained what the company and Nigeria stands to gain. He said: ‘’CMB and VERTIKAL share same ideologies and coming together will give us the capability, the equipment, the personnel and skill needed in order to geometrically increase our capacity because, if we are going to ever be able to deliver anything close to what Nigeria needs, we are going to have to import the technology. “We need to team up with people who have done it before like VERTIKAL that have delivered in Poland over 100,000 or 200,000 housings units, and over a period of time, they can deliver one million housing units, which is what we want in Nigeria and that is why we are teaming up with them.”
He stressed further, ‘’A lot of things have been taken into consideration in putting together this merger but most importantly we are looking at transfer of technology, increase of global content and local participation, at the end of the day CMB-VERTIKAL is an indigenous company, a Nigeria company, yes Polish partner but is a Nigeria company, and we are enhancing the capacity, the local capability and the ability to have local content in the building ethics.’’