A total number of 75 companies are bidding to serve as concessionaires for 12 federal roads that are mapped out for concession by the Federal Government under the first phase of the Highway Development Management Initiative (HDMI).
The bid documents were submitted by the companies as well as the names of the firms which was officially announced on Tuesday at the headquarters of the Federal Ministry of Works and Housing in Abuja.
According to the report, Mrs Abimbola Asein, Head Public-Private Partnership (PPP) Unit of the Federal Ministry of Works and Housing, disclosed this at the opening of the Request For Qualification (RFQ) bid on Tuesday in Abuja.
The ministry created the HDMI to attract sustainable investment and funding in the development of road infrastructure and to increase the use of assets along the right of way.
Some of the firms that submitted bids include China Road and Bridge Corporation Nigeria Limited, Dafac Capitals Limited, Dantata & Sawoe Construction Company (Nigeria) Limited, Diamond Straples Limited, and EK Holdings Limited.
The bid opening event was witnessed by the Infrastructure Concession Regulatory Commission, some non-government organizations and other interested partners and stakeholders.
The 12 roads that are up for concessionaires under the first phase of the HDMI are: Benin – Asaba; Abuja – Lokoja; Onitsha – Aba – Owerri; Shagamu –Benin; Abuja -Keffi – Akwanga; Kano- Kaduna; Lokoja – Benin; Enugu-Port Harcourt; Ilorin-Jebba; Lagos-Abeokuta; Kano-Shuari-PortisKum-Damaturu roads and Lagos-Badagry.
The Minister of Works and Housing, Babatunde Fashola, had in December 2020 received the Certificate of Compliance for the Outline Business Case for the HDMI, followed by the official inauguration of the e-portal by the minister on March 29, 2021.
The initiative is aimed at creating alternative sources of financing road development and management in the country while unlocking the massive economic potential of the project routes with attendant job creation. Adding that the ministry is working together with the Infrastructure Concession Regulatory Commission (ICRC), Federal Ministry of Finance, Budget and National Planning (FMFB&NP), amongst other stakeholders, to bring the project to success.
It was recalled that the Minister of Works and Housing, Babatunde Fashola, had in December 2020 received the Certificate of Compliance for the Outline Business Case for the HDMI, followed by the official inauguration of the e-portal by the minister on March 29, 2021.
The FMWH said it was expecting over N1tn from the private sector for the development and maintenance of the 12 highways selected for concession under the HDMI.
The Ministry also said the Federal Government was committed to a transparent, fair and competitive bidding process throughout the HDMI Project Life Circle.
by our reporter.