DBJ receives 9 applications for NMIA divestment

Tuesday, May 02, 2017

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KINGSTON, Jamaica — The Development Bank of Jamaica (DBJ) has announced that nine applications have been submitted in response to the Government of Jamaica's (GOJ) request for qualification (RFQ) for the Norman Manley International Airport (NMIA) public-private partnership project.Issued on February 20 the RFQ closed on May 1 with the opening taking place later that day at the DBJ's Oxford Road office in Kingston.

The applications were submitted by:
1. Vinci Airports SAS
2. Cedicor SA
3. Acciona Concesiones, SL
4. GMR Infrastructure Limited.
5. Zurich Airport
6. Grupo Aeroportuario Del Pacifico, SAB de CV
7. Corporacion del Este, SAS
8. EGIS Projects SA
9. Jamaica Infra Development Partners Limited

Milverton Reynolds, Managing Director of the DBJ said that the NMIA Enterprise Team will now review and assess the submissions to determine whether they are substantially responsive to the Government's legal, technical and financial criteria as set out in the February 2017 RFQ.

“We expect that the list of pre-qualified firms will be announced by the Government within several weeks and a Request for Proposal issued to them in June,” he continued. “It is important to note that the full composition of each consortium has not been divulged at this time and therefore does not represent the full complement of each applicant. Those details will be shared when we announce the names of the firms which have pre-qualified.”

The pre-qualified firms will be allowed to conduct due diligence to support the preparation and submission of their bids, which is targeted for November 2017. The Government expects to announce the winning bidder by December 2017.

The Norman Manley International Airport is owned by the Airports Authority of Jamaica (AAJ) and is currently operated by the NMIA Airports Limited, a wholly-owned subsidiary of the AAJ.

The International Finance Corporation (IFC), a member of the World Bank Group, is the GOJ's Lead Advisor on the NMIA PPP with the Development Bank of Jamaica, the GOJ's Privatisation Agency and PPP Unit, acting as co-advisors and Secretariat for the transaction.

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