Lagos shortlists three bidders for construction of $2.5bn Fourth Mainland Bridge

Date:

Abubakar Yunus, Abuja

The Lagos state government has shortlisted three bidders for the construction of the Fourth Mainland Bridge (FMB).

Ope George, special adviser to the governor on public-private partnerships (PPP), disclosed this on Saturday at a news conference in Lagos.

George said the shortlisted bidders are Mota-Engil (Nigeria and Africa) CCCC and CRBC Consort; CGGC-CGC joint venture; and CCECC and CRCCIG Consortium.

He said the FMB project had gone through the competitive bidding process, the request for proposal stage one (RFP 1), and the RFP stage two.

George said the RFP stage two was then issued to the three shortlisted bidders, adding that the project is expected to cost $2.5 billion.

READ MORE  Currency redesign: ISWAP opts for CFA, bans farmers, fishermen in Lake Chad from using Naira

Giving a brief history of the project, he said the FMB was a proposed PPP transport infrastructure development which includes the construction and operation of a greenfield tolled road and bridge with a design speed of 120kmh, including the development of adjacent real estates.

According to George, the bridge is expected to become the second longest in Africa featuring three toll plazas, nine interchanges, a 4.5km lagoon bridge and an eco-friendly environment.

He said the project is also expected to span about 37 kilometers, starting from Abraham Adesanya in Ajah, on the Eti-Osa-Lekki-Epe corridor and transverse the north-west towards the lagoon shoreline of the Lagos-Ibadan expressway via Owutu/Isawo in Ikorodu.

READ MORE  Nestlé Nigeria invests N6bn in youths to bridge technical skills gap

George said the project is aimed at relieving severe congestion on the existing Third Mainland Bridge; while opening new areas for future development.

The special adviser further disclosed that the evaluation committee, which consists of representatives from the state government, ministry of works, office of public-private partnerships (OPPP), and the project advisers, commenced the evaluation of the submitted RFP stage two documents on November 17, 2022.

He added that the preferred bidder would be announced before the end of the year.

Never miss a moment! Get the stories shaping Nigeria, delivered straight to your phone. Follow Peoplesdaily Newspaper on WhatsApp for breaking news, exclusive reports, and the headlines everyone will be talking about, before anyone else.

READ MORE  Turn out at Kaduna International Trade fair impressive -Yero

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Share post:

Subscribe

Popular

More like this
Related

NCP Announces Closure of Up to 60% of Electricity Metering Gap

*As VP Shettima receives briefing on Privatisation Council's activities...

Who Is Engr. Magaji Da’u Aliyu?

Who Is Engr. Magaji Da’u Aliyu?   By: Ahmed Rufa'i   By any...

BREAKING: Police Invite VeryDarkMan

BREAKING: Police Invite VeryDarkMan  The Force Headquarters has invited a...

NDPHC, NPA move to end bureaucratic delays in power equipment delivery

By Abubakar Yunusa   The Nigerian Ports Authority (NPA) has...