Investor Presentaiton
Institutional Setting and Preferred PPP Model
It is recommended to establish a Port Development and Management
Company for this greenfield port development to drive the BOOT
construction.
Institutional Setting
"With cooperation from relevant
federal state agencies, the of Port of
Ondo is legally feasibly."
Project Recommended PPP Structure: PDMC Model with BOOT
Shareholders Agreement &
Share Purchase Agreement
Nigerian Port
Authority
Ondo State
Private
Investor
Port Dues
A/A
"Nigeria has a well-developed
institutional and regulatory
environment for creating greenfield
ports."
Responsibilities and Dependencies
Ministry
Port Declaration
Nigerian Port
Authority
Master
Concession
Port of Ondo
Development and
Management Company
JO Concession
Agreements
Private terminal
operator
NPA
Request Port Promulgation
...
NPA
Concession Granter
Concessionair
ICRC transaction preparation
and implementation process
26 24-01-2019 | Port of Ondo | Final Report Presentation
Quays & Land
Breakwater & Access
Channel
Port management
Marine services
Handling
charges/
Storage fees
Portland
Infrastructure
Pavement &
Equipment
Users:
Shipping lines
PDMC model is applied in Nigerian greenfield ports and comprises ...
... Ondo State Gov. and NPA enter into a JV with a private investor
***
...
***
...
PDMC obtains master concession to develop/operate the port
PDMC is able to drive the BOOT construction
PDMC invests in infrastructure and issues terminal sub-concessions
Private sector participation limits the public budget requirement
PDMC as a seperate entity limits the financial liability
... JV results in an allignment of public and private interests
private investors can in develop the port in line with demand
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