Akinwunmi Ambode of Lagos State on Thursday said the State Government would sign a Memorandum of Understanding, MoU, with investors for the construction of the proposed 4th Mainland Bridge before May 29.
Mr. Ambode, speaking at the Third Quarterly Town Hall meeting in Ikorodu, said that the bridge would run from Ajah to Ikorodu, to Isawo, and berth at Ojodu, Ikeja, back to the Lagos-Ibadan Expressway.
“Many investors have shown interest in the actualisation of our dream for the 4th Mainland Bridge,” he said.
Mr. Ambode said that once the MoU was signed, works would begin on the bridge, which would boost the economy of Lagos-East Senatorial District.
He also said that plans were underway to convert the Ikorodu-Imota-Itoikin-Agbowa Road to an eight-lane road under the Build-Own-Transfer (BOT) scheme.
He said that though the government did not have fund for the reconstruction of the road, some investors had shown interest in the project.
He said the road would be built under the Public-Private Partnership (PPP) programme.
“It will be a PPP Project; there will be three lanes on both sides and the remaining two lanes in the middle will be reserved for rail development in the future when the government has funds for the project,” he said.
Mr. Ambode, speaking at the Third Quarterly Town Hall meeting in Ikorodu, said that the bridge would run from Ajah to Ikorodu, to Isawo, and berth at Ojodu, Ikeja, back to the Lagos-Ibadan Expressway.
“Many investors have shown interest in the actualisation of our dream for the 4th Mainland Bridge,” he said.
Mr. Ambode said that once the MoU was signed, works would begin on the bridge, which would boost the economy of Lagos-East Senatorial District.
He also said that plans were underway to convert the Ikorodu-Imota-Itoikin-Agbowa Road to an eight-lane road under the Build-Own-Transfer (BOT) scheme.
He said that though the government did not have fund for the reconstruction of the road, some investors had shown interest in the project.
He said the road would be built under the Public-Private Partnership (PPP) programme.
“It will be a PPP Project; there will be three lanes on both sides and the remaining two lanes in the middle will be reserved for rail development in the future when the government has funds for the project,” he said.
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