FEDERAL CAPITAL TERRITORY ADMINISTRATION
REQUEST FOR EXPRESSION OF INTEREST (EOI ) TO ACQUIRE LAND IN ABUJA BOULEVARDS AREA

1. The Abuja Boulevards-Introduction
The Abuja Boulevards concepts is Federal capital territory (FCT) Administration’s top priority project that was conceived and enshrined in the city,s master plan to improve and boost economic and social activities in the FCT.The geographical location of the FCT makes it accessible from/ to most of continent capital’s cities thus making it Africa hub for commercial, financial and political activities. The absence of boulevards and arterial roads greatly contributed to the non- development of the city’s central area

The proposed boulevards area is approximately 6.5km long by 0.7km wide , traversing the eagle square to national Hospital. The area comprises four major Axial Roads referred to in the Master plan as roads B06, B08 and B12 ( also named constitution avenue,Hospital avenue north, Hospital avenue south and independence avenue respectively). The total area is approximately 4.5km2 (4,550,000m2 or 455 hectares).The original master plan of the city, in recognition of the special features and use of land in this area, demarcated it into mega plots of 200m x 200m (40,000m2 or 4ha) in size with approximately fifty such mega plot. Both the design and construction of the Boulevards will be done to international standards projected to be completed in two years commencing from December 2008.

2. Objectives
The objective of the Abuja Boulevard is to create a dynamic and vibrant multi use activity center that offer a unique urban experience for residents and visitors that is pedestrian-friendly. They are designed with attractive streets capes that connect the district neighborhoods of the downtown. In the medium- to long term, their will be efficient and effective mass transit that will link the various neighborhood to each other and regional destinations.

3. Land Allocation
Although a mix-use is approved for the boulevards area, land allocation will be for the following purposes and interested parties are required to indicate their intended use of the land in their submission of EOI

• Corporate offices - to support the development of global national or regional headquarters for corporations and entities.

• Retails: - a diversity of retail types that provides for range of income levels and that serves local, regional and national markets

• Accomondations: - a range of housing types and costs that serves residents with a variety of income levels, supports the retail environment, and creates an attractive and safe downtown.

• Leisure: - a vibrant multi-use, multi-cultural activity center that offers a clean, safe and distinct urban experience supportive of hotels, restaurants/food courts, clubs, theater, etc. All lands in the Boulevards Area are subdivided into

• (a) Mega Blocks of 4ha (40,000m2)

• (b) Blocks of 1ha each

• (c) Blocks of 3,000m2(minimum)


4, Funding

• The estimated cost for the consruction of the engineering infrastructures is N50 – N60 billion
• The FCTA has resorted to using the private sector for the financing of the projects in a PPP arrangement
• A consortium of banks would be engaged to provide the needed funding for the projects.
• The projects is expected to pay-back its cost through developments levies on the Boulevards plots.
• Existing development on the Boulevards roads will be required to pay betterments levies

5; Method of Application:
Respondents should indicate their interest by providing the following documentation:
• Full name of company/person and contact person, postal address, telephone/fax numbers, and e-mail addresses.
• Shareholders and percentage shareholding( if companies)
• Evidence of ample financial resources for land acquisition and development ( audited financial statements for past five (5) years in case company or letter of commitment from bank and or bank financial statement in case of individuals.
• Evidence of experience in land acquisition development and management ( experience in land acquisition/development in a boulevards will be an advantage)
• Indication of land size required ( see section three)

7, An original copy and five (5) other copies of the EOI shall be delivered in a sealed envelope clearly marked “ EOI for Acquisition of land in Abuja Boulevard area” at the top right hand corner not later than Thursday 3rd November , 2008 by 1700hrs local time ( 1600hrs GMT)

Sml capital Ltd
Samuel O. Afolabi
08032888265

after screening your document . you will be contacted

i ve sent the details to you, mr larry

closing date is november