21 November
Commercial close
Signing of agreement
Transport
Lagos
Implementation
Federal Airports Authority of Nigeria
03-04-2018 06:20:00
To provide world-class hotel accommodations within the Murtala Mohammed Airport. The hotel will provide passengers with everything they need to have a comfortable stay without leaving the airport or clearing immigration and customs. The hotel will be the perfect place to stay for a short stopover at the MMA Lagos. The conference center will be a convenient place to hold meetings while visiting Lagos.
Lease of a portion of the land at the MMA for the development and management of a hotel and conference center at the MMA2, Ikeja, Lagos.
Provision of luxurious accommodations and services to air travelers and other users of the hotel, to provide a comfortable stopover accommodation for travelers.
Information will be published as soon as it is available.
Relevant stakeholder engagement sessions as well as round table meetings were carried out with key stakeholders, including the regulatory bodies, FAAN, workers' unions, passenger airlines, and the Nigerian Civil Aviation Authority.
21 November
Signing of agreement
20 November
contract expires 40 years after commencement date
Type of risk | Description | Allocation | Mitigation |
---|---|---|---|
Pre-construction risk | Private Sector | ||
Construction / Completion | Private Sector | ||
Cost risk | Private Sector | ||
Refinancing risk | Private Sector | ||
Risk related to change in law, taxes, scope, technical standards, regulatory framework | Private Sector | ||
Exchange rate risk | Private Sector | ||
Operating risk | Private Sector |