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Ministry Of Works Opens Bid For Concession Of 12 Roads, See How To Be A Bidder
The Federal Ministry of Works and Housing has officially opened the bid for Value Added Concession under the Highway Development and Management Initiative (HDMI) today Tuesday, June 1st, 2021 at 11a.m West African Time.
The bid will be witnessed by the Infrastructure Concession Regulatory Commission (ICRC), other interested partners and stakeholders.
It will be recalled that Honourable Minister of Works and Housing Mr. Babatunde Raji Fashola SAN, received the Certificate of Compliance for the Outline Business Case for the HDMI in December 2020, followed by the official launching of the E-portal (https://hdmi.worksandhousing.gov.ng) by the Honourable Minister on 29th March, 2021.
Applications were received from interested prospective concessionaires in response to the Request for Qualification(RfQ ) and the bid will be opened on the 1st June,
The Highway Development and Management Initiative was created by the Ministry of Works and Housing to develop and manage the Federal Road network through sustainable Private Sector investment, maximizing the use of assets along the right of way.
The twelve roads to be concessioned under the first phase of the HDMI are:
- Benin – Asaba
- Abuja – Lokoja
- Kaduna – Kano
- Onitsha – Owerri – Aba
- Shagamu – Benin
- Abuja – Keffi – Akwanga
- Lokoja – Benin
- Enugu – Port Harcourt
- Ilorin – Jebba
- Lagos– Ota – Abeokuta
- Lagos – Badagry
- Kano – Shuari – PortisKum – Damaturu
This initiative is aimed at creating an alternative source of financing road development and management in the country while unlocking the massive economic potential of the project routes with attendant job creation.
About HDMI
The Highway Development and Management Initiative was conceptualized and developed by the FMWH in collaboration with the Infrastructure regulatory commission (ICRC). The HDMI seeks to facilitate the development of parts of Nigeria’s 35,000km of federal highway network by bringing order, efficiency, accountability, and profitable entrepreneurship to the operation, management, and maintenance of all assets within the Right of Way.
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