News

Mr. Miller meets the President of Iran Mr. Haasan Rouhani and the Chief of Sraff of the President of Iran Mr. Mohammad Nahavandian

 Here, in NYC Mr. E.J. Miller, the President of IDC is meeting with Mr. Rouhani, the President of Iran and Mr. Mohammad Nahavandian, the Chief of Sraff of the President of Iran.

 

 Mr. Rouhani is shaking hands and giving a hug to Mr. Miller.

 

Mr. Miller is presenting a very special copy of the Holy Quran to Mr. Rouhani which was brought from the city of Mecca.

In a meeting with Mr. Nahavandian, the Chief of Sraff of the President of Iran, Mr. Miller was giving the task of establishing Iranian - American Chamber of Commerce in DC. 

 

 

IDC collaborates with World Bank Group and Multilateral Investment Guarantee Agency (MIGA)

Recently, IDC has entered into an agreement with tihe World Bank and MIGA to be able to finance projects primarily in developing countries, particularly Africa, the Middle East and South America.

The terms of funding are very favorable and cover the cost of the project 100%.

Projects could be sponsored by the Government or private enterprise could apply for such loans.

 

U.S. Developer Bringing Green Transit System to Ghana

Accra, Ghana is a city plagued by traffic congestion and the resulting pollution, but that is soon to change.    

 

Ghana Monorail Train Design for 21st Century Accra

The Honorable Mike Allen Hammah, Ghana’s Minister of Transport and Mr. E.J. Miller, President of IDC and the subsidiary Ghana Transit and Development Corporation (GTDC) have worked non-stop through months of meetings negotiating the details of this project.  Now, with a landmark agreement in place IDC and GTDC have the mandate to begin feasibility studies into this landmark, 1.5 billion dollar, ecologically friendly, municipal development.  This Monorail system is a green project designed to substantially reduce traffic congestion in the City of Accra through the use of electrical trains which will carry over 700,000 riders a day to start and create up to 15,000 new jobs.  Pedestrians and drivers alike will notice that the elevated system has a small footprint which will allow the maximum use of existing streets and walkways, while giving workers and residents the same relaxing and easy commute enjoyed by residents of other developed metropolitan areas worldwide. 

 
In the Implementation Phase of the project, an 8 mile rail line with 16 stations will run from Osu Oxford Street to the Kwame Nkrumah Circle.  Along the route there are already plans for comfortable residential areas with shopping  and theatres, world class hotels, business and conference centers.  
 
The additional phases of the project will extend the Monorail to popular destinations in Accra and the Greater Accra Region such as Independence Square, The National Museum, The University of Ghana at Legon, the Kotoka International Airport as well as the popular seaside resorts that dot Greater Accra’s pristine Atlantic Coast.



EXCLUSIVE: Intercontinental Development Corporation Signs $3.2 Billion Memorandum of Understanding with Benin Government

Cotonou, September 2011

Benin is a beautiful, coastal African Country with a population of close to 9 million and a rich history that connects it with nations around the globe. Thousands of International tourists visit every year, taking advantage of easy flights in from Europe, the United States and Moscow, Russia. These guests arrive at the Benin International Airport daily, lured not only by the lush tropical flora and fauna, but also by the museums and the architectural legacy of the brief French rule. Americans who visit this breathtaking country often travel from the Capital of Porto Novo on the the pristine Atlantic coast to the captivatingly beautiful Lake Nokoue’ and on to the Pendjari National Park.

The current President of Benin, Dr. Thomas Boni Yayi was born in Tchaouru, Dahomey, Benin and earned his degree in economics at the National University of Benin. With his every thought on how he could improve the lives of his country people, he continued his pursuit of economics through a Doctorate at the University of Orleans in France and again at the Universite’ d Paris. He then returned to his country, working in the banking industry until his election as President of that country as an independent in 2006.

Since then President Boni Yayi has focused on the variety of issues that plague his country, the foremost of which is to improve the infrastructure of his country without sacrificing the quality of life to smog and pollution. His goal is to use the economic engines of Trade and Tourism to end poverty and the problems it brings with it.

In 2007, Ekram J.Miller of IDC took a close look into the infrastructure problems and economic woes of several West African Countries. When the Benin Minister of Transport, H.E. Armand Zinzindohoue first brought the poor condition of Benin’s roads and railways to the attention of Mr. Miller, he immediately hired experts to examine the situation. Between early 2008 and August of 2011 Mr. Miller conducted meetings with H.E. Ambassador Cyrille S. Oguin and Prime Minister, H.E. Hon. Pascal Koupaki.

These meetings concluded at the end of August in 2011 when Ekram Miller met with Benin President, Dr. Boni Yayi at the Benin Embassy in Washington, D.C.  After these promising meetings, President Yayi extended his personal invitation for Ekram Miller and the IDC Feasibility Team to visit his country in September of 2011.

Mr. Ekram Miller worked on the details of this visit with the Prime Minister of Benin, H.E. Honorable Pascal Koupaki in the IDC headquarters in Maryland, USA. They drafted a detailed and exclusive Memorandum of Understanding which outlines the projects most valuable to the citizens of Benin. Mr. Miller agreed to present it to President Dr. Boni Yayi during the September meetings in Benin.

E.J. Miller’s company, Intercontinental Development Corporation, paid the cost of the initial visit of the IDC team to Benin. Immediately upon arrival, Mr. Miller began meetings with President, Dr. Boni Yayi and other ministers to develop ecologically sound projects to enhance the national economy, create jobs and encourage eco-tourism.

 

    1. During these meetings the Master Plan discussed by Mr. Miller and President Yayi earlier in 2011 was refined into Eleven Basic
    2. Projects for the betterment of Benin. These projects encompass the Economic Issues that President Yayi began focusing on during his 2006 election, and include:
    3. Improving and expanding the drinking water systems for the entire country.
    4. Building new hospitals throughout Benin’s province cities and Cotonou while modernizing the entire National Health Care System.
    5. Expanding public infrastructure beginning with electricity.
    6. Expanding and improving the national railway system, and creating a 21st century interprovincial highway system.
    7. Establish a National Airport focused on tourism and trade.
    8. Establish a National Airline
    9. Establishment of an American University and Administrative Tower
    10. Construction of Low Cost Housing.
    11. Establishment of a guaranteed home loan system for the general public, similar to but less complex than the US Federal Housing Administration
    12. Identification of New Mineral Resources
    13. Identification and protection of specific Natural Resources


E.J. Miller also discussed implementing a monorail system that would save the average citizen of Benin close to 750CFA daily while cutting travel time to and from work by 70%. This Monorail would be similar to the one scheduled for Accra, Ghana and will rely on the new, green technology to minimize the ecological impact.

Miller also discussed implementing a monorail system that

After President Boni Yayi signed the Exclusive $3.2 Billion Memorandum of Understanding with Intercontinental Development Corporation, he then met with the Ambassador of India and the Ambassador of the Republic of China. Last year, the Peoples Republic of China agreed on $9.3 billion to Africa, specifically the countries of Benin, Gabon, Ghana and Sudan, to develop modern hydroelectric generation facilities and other necessary infrastructure.




IDC team attends the Super Thursday horse races at the Meydan racetrack in Meydan, Dubai

 

Mr. Miller and the IDC team attended the Super Thursday horse races at the Meydan racetrack in Dubai.  These races are essentially a ‘dress rehearsal’ for the Dubai World Cup, which, with an impressive $10,000,000.00 prize, is the world’s richest horse race.

The IDC team enjoyed watching the world’s finest thoroughbred horses, especially ‘No Risk Al Maury’, who will run in the Group 1 Maktoum Challenge; a race for only Purebred Arabian horses. 

The Meydan racetrack and hotel facilities will continue to enjoy significant crowds from the region as well as a significant amount of international fans and visitors.  The development continues to grow and provide a venue for world-class entertainment, racing and accomodations.




IDC in Talks with the Democratic Republic of the Congo for Bid to Host African Cup of Nations Tournament

Rockville, Maryland November 2010

A series of meetings have taken place with officials from the Democratic Republic of the Congo (DRC), represented by the Ministry of Youth and Sports, led by Minister Claude Nyamugabo.

The DRC aims to host the tournament, second only to the World Cup in importance and prestige for African football.Other countries bidding to host the 2015 games are Morocco, Kenya and South Africa.

Hosting such a large event requires tremendous work to update existing infrastructure and construction of new facilities to accommodate the teams, staff and spectators the tournament is expected to attract.

 Click on picture above to read original article in French. English translation also available.