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IBOM DEEP WATER PORT 

Sector

Transport

Location

Akwa Ibom

Indicative value

US$ 4200 million

Phase

Procurement

Sponsoring Agency

Federal Ministry of Transport

Last update

22-09-2022 09:56:35

IBOM DEEP WATER PORT 

Sector

Transport

State

Akwa Ibom

Value

US$ 4200 million

Phase

Procurement

Sponsoring Agency

Federal Ministry of Transport

Last update

22-09-2022 09:56:35

  • Basic project information
  • Procurement documents
  • Announcements
  • Gallery

Basic project information

  • Project need

    The Ibom Deep Sea Port aims to become the Eastern Gateway of Nigeria, providing vital port capacity for the country. Lagos, the existing gateway, is situated at the western part of the country and is severely congested from the sea and land sides, leading to delays for ships entering the port and within the port due to capacity constraints on the terminals. Further, there is no room for industrial developments, which require direct access to deep water for vital overseas import/export links. Ibom Deep Sea Port has two prime characteristics that enable it to provide vital port capacity: it is accessible for ships with drafts up to 15 m and it has an abundant availability of land in the port area and its surroundings. The project is based on the following needs: • To provide much-needed container handling and storage capacity • To provide much-needed import capacity for petroleum products • To provide much-needed import capacity for vehicles • To provide dedicated import capacity for food and agricultural products • To provide dedicated export capacity for industrial output and natural resources • To provide a supply base for the regional oil and gas sector • To provide a shipyard and dry dock for shipbuilding, vessel maintenance, and repairs • To provide a logistics base and regional trading hub in West Africa.

  • Description of asset

    The IDSP is a greenfield deep sea port project located on the Atlantic coast about 65km to the southeast of Uyo in Akwa Ibom state, Nigeria. The port is an integrated development with the proposed Ibom Industrial City that will be established on 14,517 ha. The land area allocated for the port development is 2,565 ha. The Ibom DSP project shall be developed on the southwestern part of the Ibom Industrial City site, with direct access to deep sea trade routes, stable and predictable natural conditions, and ample area for expansion of the port and the free trade zone. The development of the 30km road connecting the project to the federal highway and the 20km channel connecting the project to the deep sea are included in the responsibilities of the PDMC.

  • Description of services

    The IDSP will be developed to handle container, breakbulk, dry bulk, and liquid (bunker fuel) cargo. The service definition for the Ibom DSP project that can be derived from the Strategic Needs Assessment is the development of gateway port capacity in Eastern Nigeria. Developing gateway port capacity can be accomplished by offering different services to the market, depending on market demand. Services that are envisaged for the Ibom DSP project can be classified in three categories: cargo handling and storage, nautical services, and free trade zone operations. Cargo handling and storage containers: Ibom DSP is expected to handle significant numbers of containers, due to Nigeria’s need for container capacity in the east. With Nigeria’s population getting wealthier and growing at a rapid pace, it is expected that the import of consumer goods into the country will increase rapidly, leading to a request for additional container capacity in its ports. General cargo: the handling of general cargo at Ibom DSP is foreseen to be carried out in three categories, namely, general trade, offshore supplies, and construction materials. With the large oil fields in the proximity of the port, especially the second option is regarded to attract large cargo flows to and from the port. Further, the import of construction materials is expected to increase rapidly in the next decades due to the rise in prosperity of Nigeria’s population. This will drive up the demand for building materials. The general trade in this category is expected to consist of cargoes that are currently still not containerized, such as roles of paper, sheets of metal, or wood.

  • Rationale for selection of PPP model

    Information will be published as soon as it is available.

  • Stakeholder consultations

    Stakeholder consultations were carried out with the relevant key stakeholders, including the Port Authority, regulatory bodies, potential end users of port services, and representatives of host communities.

  • Project Summary document

    The Akwa Ibom State Government is seeking private sector participation for the funding, development, management, and operations of Ibom Deep Sea Port (IDSP) through public-private partnership. The project is a development within a designated free trade zone that is integrated with an industrial city development (Ibom Industrial City). The IDSP is promoted by the Akwa Ibom State Government and will be owned by the federal government through the Nigerian Ports Authority in partnership with the Akwa Ibom State Government and private investors.

Procurement documents

    OBC

    Outline Business Case

    file_downloadIbom Deep Sea Port OBC.pdf

    Request for qualification

    Detailed information can be found in the link http://idsp.ak.gov.ng/ibom-deep-sea-port-rfq-package.php

Project milestones

2015

11 May

FEC approval for OBC

2017

26 January

Project proposal screened

IBOM DEEP SEA PORT AND FREE TRADE ZONE SUPPORTING DOCUMENTS TO THE OUTLINE BUSINESS CASE FINAL

2017

26 January

Project feasibility study approved

OBC

2017

14 February

OBC compliance certificate issued

Certificate revalidation

2018

11 January

Transaction Advisors appointed

The committee chose Global Maritime and Port Services Pte Ltd (GMAPS) as the TA

2018

3 April

RFQ

RFQ Evaluated between 3-5th April 2018

2018

14 November

Selection of preferred bidder

Appointment of Preferred Bidder for the IDSP project.

2019

14 May

FBC compliance certificate issued

FBC compliance certificate issued on 14th May, 2019

2020

12 February

FBC compliance certificate issued

FBC compliance certificate revalidated on 12th February, 2020

Announcements

    REQUEST FOR QUALIFICATION (RFQ): DEVELOPMENT OF IBOM DEEP WATER PORT Wednesday 10th of January 2018

    The Federal Government of Nigeria and the Akwa Ibom State Government, in line with the Infrastructure Concession Regulatory Commission (est.) Act 2005 and the National Policy on Public Private Partnership on the Development of Ibom Deep Seaport.have put up "REQUEST FOR QUALIFICATION (RFQ): DEVELOPMENT OF IBOM DEEP SEAPORT"

    file_downloadRequest for Qualification (RFQ) Development of Ibom Deep Sea Port (1).pdf

    FG, AKWA IBOM TO COMMENCE IBOM DEEP SEAPORT PROCUREMENT Monday 15th of January 2018

    The Federal Government and the Akwa Ibom State government will begin the procurement for the Ibom Deep Seaport (IDSP) project this month. A statement from the technical committee of the project recently said the procurement process will begin with seeking for private sector port developer/operators. It noted that the committee has chosen Global Maritime and Port Services Pte Ltd (GMAPS) of Singapore as the Transaction Advisor while PwC, Nigeria is the Project Manager.

    Pre-Bid Conference Agenda Wednesday 9th of May 2018

    The IDSP Pre Bid Conference Agenda is published as attached below.

    file_downloadIDSP Pre-Bid Coneference Programme Agenda.pdf

    PREFERRED BIDDER FOR IBOM DEEP SEAPORT SELECTED

    Bolloré Africa Logistics–PowerChina International Group Limited Consortium (the “BolloréPowerChina Consortium”) has emerged the preferred bidder for the Ibom Deep Seaport Project (IDSP). This selection followed a rigorous evaluation process conducted by the Evaluation Committee convened by the IDSP Ministerial Project Development and Steering Committee (MPDSC) on competing bids received in response to the IDSP Request for Proposal (RFP). China Harbour Engineering Company Ltd. emerged as the reserved bidder.

     

    The Honourable Minister of Transportation has approved the IDSP project to proceed to the next stage of the Public Private Partnership (PPP) procurement process which is negotiation with the preferred bidder with the view to work out the investment and concession details.

     

    Bolloré Africa Logistics, Africa’s leading port operator, is a part of French-based Bolloré Transport & Logistics (Bolloré). Bolloré is a global port operator with 18 container terminal concessions (in Europe, Africa, India, Asia and the Americas), 27 general cargo and bulk terminals, 7 RoRo terminals, 25 multimodal platforms and dry port concessions and one barging concession. Bolloré ranks among the top-20 port operators in the world, according to the 2017 Drewry Global Container Terminal Operator ranking. PowerChina International Group Limited is the international business headquarters and the core business centre of Power Construction Corporation of China which is the world’s top hydropower, electric power, and infrastructure construction group.

     

    “On behalf of the Akwa Ibom State Government (AKSG), I thank the Federal Ministry of Transportation (FMOT), Nigerian Port Authority (NPA) and the Infrastructure Concession Regulatory Commission (ICRC) for giving full and unstinting support to the AKSG throughout the IDSP PPP procurement process, including the recently concluded RFP bids opening and evaluation milestones which saw to the selection of the Preferred and Reserved Bidders”. said Dr. Emmanuel Ekuwem, the Secretary to the State Government (SSG) who spoke on behalf on His Excellency Governor Udom Emmanuel of Akwa Ibom State.

     

    The SSG added “The AKSG is unwavering in its determination and will work in tandem with the FMOT and NPA to realize the IDSP. Upon its completion, the IDSP is poised to bring smart, world class port handling capacity to the doorsteps of Akwa Ibom State and to serve the cargo handling demand of the West and Central African countries, States in the South-South as well as South East regions of Nigeria. We are confident that the IDSP will be pivotal to the economic development of the State and the surrounding regions,”

     

    Speaking on the project, the Ag. DG of ICRC, Engr. Chidi Izuwah said “the IDSP is one of the PPP projects that we are very proud of. The seaport will form part of an integrated industrial city to help foster economic development of the country as transportation is key to national development”.

     

    “The seaport is near the South-South and South-East regions and will drive the economic transformation and empowerment of Nigerians with a multiplier effect that will create massive employment for the country’s teeming population. It’s circle of economic influence is expected to extend radially to the North Central, North Eastern and North Western zones”.

     

    He noted also that the next steps for the project will be a due diligence on the preferred proponent and extensive negotiations after which a Full Business Case (FBC) will be submitted by the FMOT to ICRC for the issuance of an FBC compliance certificate. The FBC compliance certificate will be presented for approval of the Federal Executive Council.

     

     *About the IDSP PPP Procurement Process* 

     

    The Ibom Deep Seaport Project is a landmark Public Private Partnership (PPP) port infrastructure project to spearhead Nigeria’s economic reform and transformation programme. The IDSP PPP procurement was approved by the Federal Executive Council in May 2015 and followed the ICRC procurement rules. The Request for Quotation (RFQ) was issued in January 2018. A total of eight (8) RFQ applications were received when the RFQ closed in March 2018, out of which three (3) applicants were shortlisted as Bidders to proceed to the Request for Proposal (RFP) stage. The RFP was issued in April 2018 and closed in September 2018, with a Pre-Bid Conference held in June 2018 during the RFP period. Opening of the competing bids received was conducted in September 2018 in accordance with due process in the presence of the bidders, the ICRC and invited press.

     

    Thereafter, rigorous evaluation of the bids was conducted in line with international best practices which culminated in the selection of Bolloré–PowerChina Consortium as the Preferred Bidder and China Harbour Engineering Company Ltd. as the Reserved Bidder. The next stage is negotiation with the Preferred Bidder which will be conducted in compliance with all extant rules stipulated by the IDSP Ministerial Project Development and Steering Committee (MPDSC).

     

    The Ibom Deep Seaport is strategically located in the South East of Akwa Ibom State, Nigeria (a leading oil and gas producing state in Nigeria). The 2,565 hectares greenfield port area, integrated within the Ibom Industrial City (IIC) – a Free Trade Zone replete with fiscal incentives, is designed to berth New Panamax Class vessels with channel depth (18.24m); turning basin and berth depth (16.72m); and quay length of about 7.5 km upon completion. Operations is expected to commence in 2021.

     

    Mfon Ekong Usoro

    Chairperson, TC-IDSP

Gallery

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