Home Transport Deep sea port: Akwa Ibom and FG begin process.

Deep sea port: Akwa Ibom and FG begin process.

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Efforts are now on top gear between the Federal Government of Nigeria and the Akwa Ibom State Government as regards the procurement for the Akwa Ibom Deep Seaport (IDSP) project this month.

In a statement released, on Sunday, bthe technical committee of the project, it said that the procurement process would begin with seeking for private sector port developer/operators.

It noted that the committee had chosen Global Maritime and Port Services Pte Limited (GMAPS) of Singapore as the Transaction Advisor, while PwC, Nigeria is the Project Manager.

It said that the IDSP was one of the most viable Public Private Partnership (PPP) infrastructure initiatives in Africa, because of the unique investment opportunities it parades, dailypost says.

Strategically located in the south-east of Akwa Ibom State, the port spans 2,565 hectares greenfield port area designed for New Panamax Class vessels with channel (18.24m) with turning basin and berth depth of 16.72 metre and a quay length of 7.5 kilometre.

It added that when the port begins full operation, the container terminals would be able to accommodate up to 13 New Panamax Class container vessels and two very large feeder vessels.

The statement reads, “With limited land to expand the existing seaports in Lagos and the inhibiting conditions against the development or expansion of other ports in neighbouring countries, IDSP offers an ultra-modern facility with modern cargo handling equipment, facilities and systems.”

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