Following the closure of the popular Jos International Main Market since the past 14 years, as a result of the an explosion that destroyed some parts of the market, the Plateau State Government said it will meet with four transaction advisory companies to fast rack the process of rebuilding the market.
The Chairman of the Project Implementation Committee, Mr. Ezikiel Gomos disclosed this on Thursday, while briefing Journalist in Jos the State Capital.
Gomos said, “Four companies would meet with government for the selection of one transaction advisory company for the continuation of the rebuilding processes.
“Twelve companies bided for the assignment; we selected four in line with the criteria and one is going to be pick among the four qualified companies to begin work processes.”
According to him, the selected companies would be given one month to submit their technical and financial proposals on how they intend to carry out the construction of the burnt market, as well as the duration for the completion.
The Chairman said government was going into Public Private Partnership (PPP), a new concept in Nigeria for financing a project, because government does not have enough money to rebuild the market.
Gomos further explained that, the State Government is to hand over the market to the consulting firm within May/June, 2016, to enable the transaction advisers advertise the rebuilding of the market to private investors.
He added that the revitalization of the burnt market would boost the tourism potential of the State, increase revenue generation as well as the security of the central business area in the State capital.
Comments