3 Firms Pre-qualified For Calabar, Kano FTZ Concession

Three firms  each have been pre-qualified and issued the request for proposal for the concession of the Calabar and Kano Free Trade Zones (FTZs) in the country, respectively.

The companies are Diamond Stripes Consortium, BUA International Limited and Northwest Petroleum and Gas Company Limited for Calabar Free Trade Zone and Diamond Stripes Consortium, Urban Shelter Infrastructure Limited and BUA International Limited for Kano Free Trade Zone.

According to a statement that was issued by the Bureau of Public Enterprises yesterday, BPE DG, Mr. Alex Okoh announced their qualification at the bidders pre-bid conference for the concession of the two FTZs in Abuja yesterday.

Mr Okoh said the bidders are expected to submit their proposals on or before December 2, 2022.

“The bidders are also expected to submit, along with their proposals, the draft concession agreement that has been reviewed or tracked with each page signed or initialled,” he said.

Okoh said that the pre-bid conference is a continuation of the federal government’s ongoing efforts to diversify the country’s economy and fast-track its industrialisation by unlocking the potentials of the two FTZs to transform them into world class facilities through the injection of private sector capital and technical capacity.

“Specifically, the purpose of this meeting is to engage with the prospective bidders, financing institutions and contractors, to elicit discussions and address key concerns with respect to the transactions. We also seek to use this event to provide clarifications on vital issues around the bid documents which we believe should allow bidders to better contextualise and understand the bidding process and prerequisites,” he added.