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39 companies, including Julius Berger, express interest in Lagos 4th MB

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The Lagos 4th Mainland Bridge has taken the first of six steps leading to its construction with the opening of bids Wednesday in Ikeja, by the state government.

VANGUARD reports that at least 39 construction companies across the globe have expressed interest in the construction of the proposed Bridge.

Some of the companies that expressed interest in the project are: Julius Berger, China Civil Engineering Construction Corporation (CCECC), Kyeryong Construction Company, Pythgoras Holdings, CRCCCI Nigeria, China State Construction and Engineering Corporation Nigeria Limited, Bua International Limited, China Jiangxi International Economic and Technical Cooperation Company Limited, among others.

The Lagos State Government had advertised for expression of interest on the Fourth Mainland Bridge some weeks ago.

READ: Governing Lagos State is no tea party – Sanwo-Olu

Special Adviser to the Governor on Works and Infrastructure, Mrs Aramide Adeyoye said the opening of the bid was the first of the six stages before a winner would be selected to construct the Fourth Mainland Bridge, describing the process as very transparent.

She said since the government did not have the fund for the project, it had to place it under the Public-Private Partnership, PPP, arrangement, saying government was encouraged by the number of companies that bid for the project worldwide.

Adeyoye said the next step, which is the evaluation stage would begin on Thursday, saying that the companies that qualified for the next stage would be contacted.

She added that the bid was opened publicly to get investors’ confidence in the project.

Permanent Secretary, Works and Infrastructure, Engr. Olujimi Hutonu said the journey started on November 28, 2019, when the advert for expression of interest was placed, adding that three weeks later, the expression of interest had been opened and made public.

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