NNPC

LAGOS STATE GOVERNMENT GIVES UPDATE ON THE CONSTRUCTION OF THE 4TH MAINLAND BRIDGE

#image_title
The Lagos State Government through its Office of Public Private Partnerships gives update on the construction of the 4th Mainland Bridge in Lagos.
Speaking at a media brief in Lagos today, the Special Adviser to the Governor on PPP, Mr. Ope George gave a brief history of the proposed 4th Mainland Bridge. According to him, the project is a Public Private Partnership transport infrastructure development, which includes the construction and operation of a greenfield tolled road and bridge with a design speed of 120km/h, including the development of adjacent real estates.
 According to Mr. George, the bridge is expected to become the 2nd longest in Africa, featuring three toll plazas, 9 interchanges, a 4.5km lagoon bridge and an eco-friendly environment. It is expected to span about 37 kilometers, starting from Abraham Adesanya in Ajah, on the Eti-Osa-Lekki-Epe corridor and transverse from the Northwest towards the lagoon shoreline of the Lagos-Ibadan Expressway via Owutu/Isawo in Ikorodu.
The idea of constructing the 4th mainland bridge according to the Special Adviser is aimed at reducing severe congestion on the existing 3rd Mainland Bridge; whilst opening new areas for future development. The project is expected to cost about $2.5billion mark.
Mr. Ope George further disclosed that the 4th MB project has gone through the competitive bidding process, the request for proposal Stage 1 (RFP 1) and the request for proposal Stage 2 (RFP 2). The RFP Stage 2 was then issued to three shortlisted bidders, namely:
1. Mota – Engil (Nig & Africa) CCCC & CRBC consort.
2. CGGC – CGC Joint Venture.
3. CCECC & CRCCIG Consortium.
Conclusively, the Special Adviser disclosed that the Evaluation Committee, which comprises of representatives from the Ministry of works, Office of Public Private Partnerships and the project Advisers, commenced the evaluation of the submitted RFP Stage 2 documents on the 17th of November 2022. The preferred bidder will be announced before the end of this year.
First Bank

About Daily Record

Check Also

CBN slams N150m fine on banks releasing new notes to hawkers

The Central Bank of Nigeria has announced that it will slam a fine of N150m …

Leave a Reply

Your email address will not be published. Required fields are marked *