IFLR1000

Second Niger bridge PPP project

7/4/2016
PPP
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N 108 billion

$ 542.578 million

Announced

7/4/2016

Overview:

  • Nigeria's government awarded a 25-year concession to develop a second bridge over the Niger River on a BOT (build-operate-transfer) basis to German construction company Julius Berger. 
  • The project sponsors are Julius Berger Investments, a subsidiary of Julius Berger, and the Nigerian Sovereign Investment Authority.

Ben Naylor - Regional editor

Jurisdiction:

Nigeria

Deal type:

PPP

Practice area:

PPP/PFI

Governing law:

Nigeria

Industry sector:

Transport

Firm:
Templars

Party: Julius Berger Investments (Sponsor)

Party: Nigerian Sovereign Investment Authority (Sponsor)

Lawyers: Chike Obianwu, Desmond Ogba

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