World class rail network to be built in Lagos

Region:
Lagos
Nigeria

Sector:
Construction and Materials
Industrial Transportation
Infrastructure
Tourism
Travel and Leisure

Summary:
The Lagos State Government is offering investors the opportunity to invest in the construction of a rail network.

Contact: Bamidele A. Badejo

Email: dbadejo2002@yahoo.com

Description

Investors with sound transport credentials have the opportunity to invest in the construction of a rail network in Lagos State.

Currently Lagos State's transport system is very poor and the administration is actively trying to improve the situation.

Investment Opportunity

Design and feasibility studies have been undertaken and a number of routes have been identified for the rail network.

The four corridors that have been identified for rail development are:

  • the Lekki Epe corridor
  • the Marina Ido-Agbado corridor
  • the Marina-Badagry corridor
  • the Iyanoba corridor

    The land is ready for investors to take over, develop the rail network and then recover their investment by operating the rail services.

    Market

    Lagos is Nigeria's most populous state with close to 18 million people. Lagos is also uniquely placed to benefit from tourist arrivals into Nigeria. Investors in rail transportation can therefore be assured of an adequate market.

    Investors interested in this opportunity should contact:

  • Lagos State Ministry of Transport 
    Contact: Bamidele A. Badejo - Hon. Commissioner for Transport
    Email: dbadejo2002@yahoo.com

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