Tender Details

Country: Nigeria
Summary: Concession of Lagos International Trade Fair Complex (Complex), Lagos
NGT Ref No: 67970591
Deadline: 10 Jul 2022
Financier: Self Financed
Purchaser Ownership: Government
Tender Value: Refer Document
Notice Type: Tender
Document Ref. No.:
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Description:
Expression of Interest are invited for Concession of Lagos International Trade Fair Complex (Complex), Lagos Business Opportunities: Since hosting the Lagos International Trade Fair, Nigeria-s premier annual international trade fair, which is the largest international trade exhibition in West Africa, the Complex has grown to a vibrant business and commercial park and has become one of the premier venues for events in the country. The Complex derives its strength from its strategic location and enjoys patronage from a large number of customers. The commercial opportunities are vast. It is expected that the concessionaire will turn the Complex into a world class event centre and hospitality park with facilities like multi-purpose halls, five-star hotels, cinema houses, shopping mall, office complexes, theme parks (playland), etc. See the link: https://www.bpe.gov.ng/lagos-international- trade-fair-complex-2/ It is possible to hit the breakeven point within the shortest possible time given the strategic location, existing enabling environment, and positive cooperation with the Lagos State Government. 4. Calibre of investors Required Prospective concessionaires can be local or international investors or a consortium of investors and must have a track record of successful operation/management of a world-class event/shopping mall/hospitality centre. A minimum of five years- experience in operation/management in relevant area(s) is required. Prospective concessionaires must also demonstrate ample financial resources to finance the required transformation through their own resources (their net worth in the audited financials) and access to debt capital through a letter of interest from a reputable financial institution. An original copy and six (6) other copies of Expressions of Interest and one digital copy in PDF format stored on a readable digital media (no CDs or DVDs) shall be delivered in a sealed envelope clearly marked “Expression of Interest for the Concession of Lagos International Trade Complex (LITFC)” and delivered to the address below not later than 1.00 p.m. on 10, July 2022. Thereafter, pre-qualified firms will be issued a Request for Proposal (RFP) and other bidding documents upon the payment of a non-refundable fee of Seven Million Five Hundred Thousand Naira (N7,500,000.00) in bank draft payable to the Bureau of Public Enterprises.
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Concession of Lagos International Trade Fair Complex (Complex), Lagos - Nigeria Tender

The NATIONAL COUNCIL ON PRIVATISATION, a Government sector organization in Nigeria, has announced a new tender for Concession of Lagos International Trade Fair Complex (Complex), Lagos. This tender is published on NigeriaTenders under NGT Ref No: 67970591 and is categorized as a Tender. Interested and eligible suppliers are invited to participate by reviewing the tender documents and submitting their bids before the deadline on 2022-07-10.

The estimated tender value is Refer Document, and full details, including technical specifications and submission requirements, are provided in the official tender documents. Ensure all submissions meet the criteria outlined to be considered for evaluation.