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39 Firms Show Interest in Construction of 4th Mainland Bridge

 

No fewer than 39 construction companies across the globe have expressed interest in the construction of the proposed Fourth Mainland Bridge in Lagos.

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

However, the state government opened the bid to unveil the companies that expressed their interest for the project on Wednesday at Ikeja, Lagos, with 39 companies signifying interest in the project.

The Special Adviser to the Governor on Works and Infrastructure, Aramide Adeyoye, who said the opening of the bid was the first of the six stages before a winner would be selected, described the process as transparent.

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

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

She disclosed that 39 companies expressed interest in the project and the bid was opened publicly to get investors’ confidence.

The Managing Director, Advanced Engineering Consultants, Dr Peter Agunbiade, said the journey to construct the Fourth Mainland Bridge began many years ago as the administration of Governor Babajide Sanwo-Olu had made it possible for the construction of the bridge to be revisited.

He said companies in Europe, Asia and others duly expressed interest in the project, assuring bidders that the state government would ensure transparency in executing the bid.

The Permanent Secretary, Works and Infrastructure, Olujimi Hutonu, said, “The journey started on November 28, 2019 when the advert for expression of interest was placed. Three weeks later, the expression of interest has been opened and made public.”

Some of the companies that expressed interest in the project are Julius Berger, China Civil Engineering Construction Corporation, 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.

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