A Division of
The Nigerian Society of Engineers
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Chairman's 2012 Conference Speech

Welcome Address By The Chairman, Institute of Appraiser And Cost Engineers, Engr. (Chief) Giandomenico Massari, JP, FNSE, on the 3rd Annual National Technical Conference at the Raw Materials Research and Development Council, Maitama, Abuja, on the 5th of June 2012.

I feel highly honoured and priviledged to welcome you all to this auspicious occasion   
The  Institute  Of  Appraisers  And  Cost  Engineers is a division of the Nigerian Society Of Engineers and also a member of International Cost Engineering Council(ICEC). The International Cost Engineering COUNCIL(ICEC) is a non-political and non-profit worldwide Organization which was founded in 1976 with the aim of promoting cooperation between national and multinational Cost Engineering, Quantity Surveying and Project Management Organizations.

Participation in ICEC affairs is accomplished through membership in one of the ICEC affiliated societies.
 The Institute of Appraisers And Cost Engineers(IA&CE) a division of the Nigerian Society Of Engineers was admitted as a member  of the International Cost Engineering Council(ICEC) in 2008 at the 6th World congress of ICEC held in Toronto, Canada.     
The Institute promotes the practice of valuation, Cost Engineering and Engineering Economy  in Nigeria.
For clarity and better comprehension, the Institute identifies with the basic definition of

It establishes the economic justification in the selection of competing alternatives with regards to projects investments, manufacturing processes etc
To achieve  higher degree of professionalism and to promote uniform standards, the Institute has continued to organize relevant courses for members in line with global best practices.

Over the years, we have structured our technical conferences to address some of our national challenges in the industrial and infrastructural sectors. As Engineers, it is a known fact that no meaningful economic growth, wealth creation, employment generation and poverty alleviation can be achieved without a robust manufacturing sector.  

We, therefore, see this conference,  as our, modest contribution to national development.
This year, the theme of the Conference is ‘’Engineering Economy as a key driver for sustainable development in Nigeria”.
The sub themes include:

We have made adequate arrangements for the Institute to participate actively in the forthcoming International Cost Engineering Council 8th World Congress scheduled to hold from June 23rd to 27th 2012 in Durban, South Africa.
In conclusion, I thank the distinguished guests, eminent resource persons invited to make presentations at this important occasion for finding time to be here.

I wish all the participants fruitful deliberations.

Engr. (Chief) Giandomenico  Massari, JP, FNSE.
IA & CE.