Nigeria names Transaction Advisers for airports’ concession, 5 others

Posted: April 9, 2018 in general
Nnamdi Azikiwe International Airport Abuja

Nnamdi Azikiwe International Airport Abuja

Nigeria has unveiled Transaction Advisers for the six projects in the Aviation Roadmap in line with the Infrastructure Concession and Regulatory Commission (ICRC) guidelines and public procurement act.

This was made known by Minister of State Aviation, Senator Hadi Sirika at the 4th Aviation Stakeholders Forum, Thursday, in Abuja where he also unveiled the logo for the 59th Airport Council International Africa (ACI-Africa) Conference and Exhibition next month.

The six projects in the roadmap include the concession of the four major airports, establishment of Maintenance Repair and Overhaul (MRO) Centre and Aviation leasing company, development of Aerotropolis and cargo/ Argo allied terminals, establishment of national carrier.

For the concession, Sirika announced that Infrata, Dentons, Rebel, WSP Parsons Brinkckerhoff, Proserve as the five Transaction Advisers for the handling of the concession of the Abuja, Lagos, Kano and Port Harcourt Airports.

The consortium of five firms are vastly experienced and are experts in airport management, Public Private Partnership Legal Advice, Finance, Project and Construction Management and Environmental and Social services.

On the establishment of an MRO Centre and Aviation Leasing company, Sirika revealed that govern,Ray approved a consortium of five firms, Arup UK, Catamaran Nigeria Limited, RDC Aviation Economics UK, Aubert Business Consulting UK and Olawoyin &Olawoyin.

The firms according to the minister are experienced design and planning, specialty in infrastructure development with bias for transport, international business management consultancy and a legal firm specialised on corporate, securities, maritime, foreign investments and litigation matters.

For the development of the Aerotropolis and cargo terminals, a consortium of three firms was chosen: the Infrastructure Bank Plc, PWO GIBB and Abdulai Taiwo& co each specialising in raising and management of funds, engineering and a full service commercial and IP Law firm.

Sirika also announced that for the national carrier, UK-based Airline Management Group, with strengths in start-up carriers, as well as Aviation International and Tianerro FZE has been appointed.

According to Sirika, the Transaction Advisers will be liaising with the Project Delivery Team to ensure it all comes to fruition in record time.

He further stated that all the Transaction Advisers except for the National Carrier were engaged in May 2017 and have a 9 month contract.

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