Call for Expression of Interest at Rivers State Government

The Rivers State Government intends to concession eight (8) Catering Rest Houses (units of Delta Hotels Limited) located in different strategic areas in the State. The Government is seeking to attract a competent private sector investor to undertake the redevelopment, renovation and/or upgrading of these strategic assets to three star facilities (or a minimum of two star facilities) in line with the minimum standards for classification of hotels as prescribed in the schedule to the Nigerian Tourism Development Corporation Act, Cap N137, Laws of the Federation of Nigeria 2004. Each of the facilities will be redeveloped to comprise of 30 bedrooms or more (or a minimum of 20 bedrooms). A suitable private sector investor will be selected to design, finance, redevelop, renovate, upgrade, operate and maintain these assets, as a single unit of interest, for a period of time under a Public-Private Partnerships arrangement.

The Catering Rest Houses (Units of Delta Hotels Limited)
Catering Rest House, Ahoada - (consists of Executive lodge, 11 Chalets, 24 Single Rooms, Administrative Offices, Bar, Restaurant, Kitchen, Stores, Generator House and conveniences)

Catering Rest House, Bori- (consists of Executive lodge, 24 Chalets, Administrative Offices, Bar, Restaurant, Kitchen, Stores, Generator House and conveniences)

Catering Rest House, Degema - (consists of Executive Lodge, 24 Chalets, Administrative Offices, Bar, Restaurant, Kitchen, Stores, Quarters, Security Post, Generator House and conveniences)

Catering Rest House, Elele- (consists of Executive Lodge, 24 Chalets, Administrative Offices, Bar, Restaurant, Kitchen, Stores, Generator House and conveniences)

Catering Rest House, Eleme - (consists of Executive Lodge, 24 Chalets, Administrative Offices, Bar, Restaurant, Kitchen, Stores, Generator House and conveniences)

Catering Rest House, Isiokpo - (consists of Executive Lodge, 24 Chalets, Administrative Offices, Bar, Restaurant, Kitchen, Stores, Security Post, Generator House and conveniences) Stores, Security Post, Generator House and conveniences)

Catering Rest House, Okehi - (consists of Executive Lodge, 24 Chalets of double rooms each, 2 Banquet Ualls, Administrative Offices, Bar, Restaurant, Kitchen, Stores, Generator House and conveniences)

Catering Rest House, Omoku — (consists of Executive Lodge, 20 Double Rooms, 8 Single Rooms, Administrative Offices, Bar, Restaurant, Kitchen, Stores, Generator House and conveniences, on vast area of land).

Each Rest House (unit) is located in a preferred environment suitable for a hotel. Each unit consists of a number of buildings for guest accommodation, meetings, leisure, catering and conference purposes. Each unit is secured with perimeter fence. The units are located in strategic Towns that host high numbers of oil/gas and construction companies. Bori and Eleme are strategic to facilities such as Fertilizer Company, Petrochemical Company d Refinery. Omoku, Ahooda and Elele are strategic to gas plants and oil companies.

The Rivers State Government intend for the Rest Houses to be managed by an experienced national and international hotel operator. The concessionaire will pay an upfront fee based on the redevelopment project cost, and then ongoing annual rental.

Interested investors who meet the following criteria are invited to submit expression of interest:
i. National or International Hotel Chain with veritable track record in hospitality industry.

OR

ii. Nigerian registered companies or subsidiaries with a minimum net worth (shareholders’ fund) of N2 billion as at December, 2012. However, such bidder(s) will be required to be in partnership with a national or international hotel chain operating hotels of three star model in line with the minimum standard for classification of hotels as prescribed in the schedule to the Nigerian Tourism Development Corporation Act, Cap N 137, Lows of the Federation of Nigeria 2004.

Eligible entities are requested to send Expression of Interest not later than Thursday, 4th April 2013, (Being a period of 21 days from the date of this publication) to:

The Permanent Secretary, Ministry of Commerce and Industry,
Block B, Room D 34,
5th Floor, State Secretariat Complex,
Port Harcourt,
Rivers State.

The Expression of Interest should contain the following information

• Name of entity that will be bidding for the asset(s)
• Background information on board and senior managemen4 of the entity
• Three years audited financial statement
• Letter hotel chain agreeing to partner with the bidder
• Tax clearance certificate