The federal government has made public the names of transaction advisers for projects in its aviation roadmap.
The minister of state for aviation, Senator Hadi Sirika who revealed the names of the preferred companies at the 4th Aviation Stakeholders’ Forum holding in Abuja today also unveiled the logo for the 59th Airport Council International Africa (ACI-Africa) Conference and exhibition taking place in Lagos next month.
The projects cover concession of airports (Abuja, Lagos, Port Harcourt and Kano), establishment of a national carrier, development of agro-cargo terminals, establishment of maintenance, repair and overhaul (MRO) centre, establishment of an aviation leasing company and development of airport cities (aerotropolis).
“Transaction Advisers have been appointed for the six projects in the Aviation Roadmap in line with the Infrastructure Concession and Regulatory Commission (ICRC) guidelines and Public Procurement Act, 2007,” said Sirika.
“The TAs have all commenced work and are liaising with the Project Delivery Team. All the TAs except the one for the national carrier were engaged in May, 2017 and have nine-month contract duration.
“The deliverables by the TA include outline business case for adopting public-private partnership (PPP) methodology, development of a well-structured PPP procurement process to select a PPP partner and preparing the full business case (FBC) as well as supporting the ministry to obtain FBC compliance certificate from Infrastructure Concession Regulatory Commission (ICRC), Federal Executive Council (FEC) approval and progress transaction up to financial closure.
“The outline business case shall on completion and due approval by relevant authorities be presented to interested investors,” said Sirika.
Details of the TAs are as follows:
Concession of four Airports (Abuja, Lagos, Kano and Port-Harcourt): The consortium comprises five firms with vast experience and expertise in airport management, PPP legal advice, finance, project and construction management, environmental and social services as follows:
Infrata: The Project lead, is a United Kingdom based Infrastructure Transaction Support Consultancy which provides commercial, technical and traffic related advice on behalf of lenders, investors and sponsors. The Company has acted as advisor on many high profile transactions in Africa, America, Europe, Asia and Africa.
Dentons: Is an international law firm based in London with experience in project advisory services across both developed and emerging markets. It is present in every continent in more than 144 locations across over 59 countries.
Rebel: Specializes in economics, feasibility, financing and transaction advisory for projects in all infrastructure sectors. It operates globally with headquarters in Rotterdam (NL).
WSP Parsons Brinckerhoff: One of the world’s leading engineering Professional services consulting firms with over 75 years’ experience in the aviation sector and based in more than 39 countries worldwide. Has successfully designed, developed, acted as financial consultants and managed airport development around the world.
Preserve: Project coordination, construction management expert and local legal expert. The firm maintains strategic alliances with highly reputable global partners to offer services in areas of need.
Establishment of Maintenance, Repair and Overhaul (MRO) Centre and Aviation Leasing Company: The consortium comprises five firms with vast experience in the aviation industry as follows:
Arup UK: An independent firm of designers, planners, engineers, consultants and technical specialist offering a broad range of professional services. The company has offices in thirty-eight countries.
Catamaran Nigeria Limited: A Nigerian company providing specialized consultancy services for infrastructure development with special bias for transportation.
RDC Aviation Economics UK: An aviation industry expert with experience spanning airports, airlines, manufactures and investors.
Aubert Business Consulting UK: An international business management consultancy firm with expertise in market research, business model and supply chain management.
Olawoyin & Olawoyin: A firm of legal practitioners with focus on all facets of corporate, securities, maritime, foreign investment and litigation matters
Development of an Aerotropolis & Development of Cargo/Agro Allied Terminals. The consortium comprises three firms thus:
The Infrastructure Bank Plc: It is a private Sector led, but Government sponsored Development Finance Institution (DFI). In line with its Establishment Act, the Bank has the mandate to raise and manage funds for infrastructure development projects in the country.
PWO GIBB: GIBB is a leading multi-disciplinary engineering consulting firm which has been operating since 1956. It recently merged with Popham Walter Odusote (PWO) who are experts in architecture, project management and engineering. GIBB’s Headquarters is in Johannesburg while the country’s head office is in Lagos. The Firm commands dominant market in the Sub-Saharan Africa with landmark projects.
Abdulai Taiwo and Co: This is a full service commercial and IP law firm with a long standing reputation for excellence. The firm has broad experience in advising international clients.
Establishment of a National Carrier: The consortium comprises three firms as follows: Airline Management Group Ltd, Avia Solutions Ltd, and Tianerro FZE experienced in airline start ups and turn around.
