The Lagos State Public-Private Partnerships (PPP) Office has said that ongoing capital projects undertaken in conjunction with the private sector will foster the growth of the State's economy and fulfil the 21st-century vision of the present administration.
The Director-General of the PPP Office, Mr. Ope George, stated this on Tuesday at the ongoing Y2021 Ministerial Briefing to commemorate the second year in office of Governor Babajide Olusola Sanwo-Olu.
Disclosing that the PPP projects are in various sectors of the economy, George outlined them to include Ilubirin Estate, a Public Foreshore housing project being built in Ikoyi; The Fourth Mainland Bridge, which will span 38 km connecting Lagos Island, through Lekki, Langbasa and Baiyeku towns to Itamaga, in Ikorodu; and the Independent Power Project for the Imota Rice Mill among others.
He identified other key projects under PPP arrangements in the State such as the JJT Car Park designed as a multi-level car park arcade at Alausa Secretariat Complex, the Artezia Traffic Violation Management System aimed at deploying a solution that captures, processes and stores traffic violations data and the development of Medical Village called Lagos State Medical Park, on a 2.1 Hectares of Land on Awolowo Road, Ikoyi.
“We are also into the development of a Smart Health Information Platform to connect the entire health ecosystem in Lagos State, the Crescent Island Toll Road Project, which is a reclamation and development of 150 Hectares on a Proposed 40-Year Design, Finance, Build, Operate and Maintain (DFBOM) toll road project and a link bridge connecting Mainland to the Proposed Crescent Island.
"Waltzing Water Park is also a PPP arrangement that is located at the Abebe/Costain Interchange, beside National Arts Theatre Iganmu”, Director-General added.
Providing further details on the Fourth Mainland Bridge project, George averred that the proposed ring road will provide alternative traffic routes from Lekki to Ikorodu and Ikeja to Ajah, relieving the Third Mainland Bridge of its overstretched capacity.
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