LASG – Fourth Mainland Bridge – Nigeria - Project Profile
"LASG – Fourth Mainland Bridge – Nigeria - Project Profile" contains information on the scope of the project including project overview and location. The profile also details project ownership and funding, gives a full project description, as well as information on contracts, tendering and key project contacts.
The "LASG – Fourth Mainland Bridge – Nigeria - Project Profile" is part of Timetric's database of 82,000+ construction projects. Our database includes a 10+ year archive of completed projects, full coverage of all global projects with a value greater than $25 million and key contact details for project managers, owners, consultants, contractors and bidders.
The Lagos State Government (LASG) is constructing the Fourth Mainland Bridge in Lagos, Nigeria.
The Missing Link Motorway Development Company (MLMDC) is the implementing agency, and NLE Nigeria as architect.
The project involves the construction of a 30km four-lane dual motorway and 8km suspension bridge on the lagoon. Of the total 38km, 25km will be on the mainland axis of the state, 8km on the lagoon and 5km on the Lekki corridor.
It includes the construction of eight interchanges, two service areas, cyclist and pedestrian paths, an additional pedestrian crossing, three toll plaza and other related facilities.
The project is planned to be implemented as a public-private-partnership (PPP) on a Build-Own-Transfer (BOT) basis for a concession period of 40 years.
On May 25, 2016, LASG signed a memorandum of understanding (MoU) with a consortium of investors that will fund and construct the bridge.
The consortium comprises Visible Asset Ltd, Julius Berger Nigeria Plc, Hi-tech Construction Ltd, J.P. Morgan, Eldorado Nigeria Ltd, Nigerian Westminster Dredging and Marine, Africa Finance Corporation (AFC) and Access Bank.
In May 2017, LASG terminated the MoU signed in May 2016.
LASG is in the process of seeking proposals from interested investors.
The project involves the construction of a 30km four-lane dual motorway and eight-kilometer suspension bridge in Lagos, Nigeria.
The US$4,198 million project includes the following:
1. Construction of eight interchanges
2. Construction of two service areas
3. Construction of cyclists and pedestrians path
4. Construction of additional pedestrian crossing
5. Construction of three toll plaza
6. Construction of roads
Reasons To Buy
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.Download eBook