Monday, April 28, 2014

USA Africa Dialogue Series - SECOND NIGER BRIDGE PROJECT STILL ON COURSE

The Julius Berger-NSIA Motorways Investment Company (JB-NMIC) Consortium, preferred bidder for the development of the Second River Niger Bridge Project, wishes to clarify that reports suggesting that work on the bridge has been suspended due to non-compliance of environmental laws represent inaccurate and misconstrued information.
 
Contrary to recent reports, work on the Second River Niger Bridge Project continue to progress according to schedule, to ensure timely completion of the Bridge, which is set to be executed under the Public Private Partnership (PPP) arrangement for a concessional period of 25 years through the Design, Build, Finance, Operate and Transfer (DBFOT) model.
 
In fact, the nominated EPC contractor, Julius Berger Nigeria Plc, has commenced full mobilization to site and timely execution of all scheduled activities is anticipated.

The Consortium also highlights that compliance with Nigerian Environmental Laws continue to be deemed a paramount priority and that Environment Impact Assessment (EIA) is an intrinsic part of the project, which is carried out in compliance with the environmental laws that govern Nigeria and in collaboration with the relevant Ministries.

SIGNED on behalf of the Consortium by:

UCHE ORJI, Managing Director/CEO, Nigeria Investment Sovereign Authority and WOLFGANG GOETSCH
Managing Director, Julius Berger PLC/CEO

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