The Lagos State Government has announced the termination of contract for the construction of fourth mainland bridge project.
The state government explained that the termination was necessary because the old contractors were moving at snail’s speed and not meeting the expectations that the state government requires.
According to the state Commissioner for Waterfront Development, Mr. Adebowale Akinsanya, the state government is shopping for new investors to take over the 38.5km 4th Mainland Bridge project, adding that investors from various countries which include South Korea, Europe and America had indicated interest in the project.
“The pace the old contractors were moving is not what we are looking for. “Right now we are looking at many investors and the interests are high, I would rather wait till everything is finalized before giving the detailed information.
“Investors from all over the world are indicating interest, from China, South Korea, Europe and America. “What we are doing now is vetting through the process to make sure that we do not waste more time, very soon you will see work begin on the bridge,” he said.
On the airport road project, The Permanent Secretary in the Ministry of Works and Infrastructure, Temidayo Erinle, said the Federal Government had not given their approval, assuring that work would commence as soon as approval is secured.
“However, we assure the residents that as soon as the approval is given, engineers will move to site. We are still talking to the FG to get things resolved on the Airport Road, as well as Apapa Road,” Erinle said.
Erinle also gave assurance on the proposed 188 roads, stating that the projects would soon commence since the government had received over 1,000 proposals from contractors.
He further made the disclosure that the Lagos State Public Works Corporation worked on 807 roads in the state in the last one year and at present working on over 275 roads.