The feasibility study for the project has been approved, and a compliance certificate issued for the outline business case

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List of the country updates

Country updates

  • April 11, 2013

    Concession award letter to issued to New Festac Property Development Company Ltd by contracting authority

  • February 21, 2013

    Commercial close for the project achieved, Execution of concession agreement

  • February 21, 2013

    Commercial close for the project achieved, start of concession agreement

  • January 11, 2013

    Financial closer of project achieved

  • October 11, 2012

    Ove Arup & Partners Ltd (UK), has emerged as the Technical Consultant, Norton Rose (UK) emerged as Off-Shore Counsel and Banwo & Ighodalo was selected as OnShore Counsel

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