Ibom deep-sea port

27/3/2017
Project development

Announced

27/3/2017


Overview:

  • The Ibom deep-sea port is a planned port project located on the Gulf of Guinea in Akwa Ibom state in southern Nigeria.
  • Global Maritime And Port Services is serving as an adviser and consultant on the project, while Dar Al-Handasah is acting as the master planner.
  • It is being developed as part of the Federal Government Greenfield Development Programme.
  • The Federal Government has approved a 50-yr concession to help it attract investors.
  • It is hoped the port will serve as a regional shipping hub upon completion.
  • Initial construction began in March 2017.

Jon Moore - Journalist

Jurisdiction:

Nigeria

Deal type:

Project development

Practice area:

Project development

Governing law:

Nigeria

Industry sectors:

Shipping
Logistics


Firms:

Party: Global Maritime And Port Services (Project developer)


Party: Dar Al-Handasah (Sponsor)

Party: Akwa Ibom State Government (Sponsor)

Lawyer: Gbolahan Elias