Lagos
Nigeria
Sector
Construction & Materials
Infrastructure
Tourism & Leisure
Transportation
Investors 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. The state government is therefore inviting private investors to partner with it in the building of a rail system.
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.
Investment Opportunity
Investment is needed in a number of areas from financing to the actual construction work. 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 land is ready for investors to take over, develop the rail network and then recover their investment by operating the rail services.
Investors interested in this opportunity should contact Bamidele A. Badejo, Commissioner for Transporation at dbadejo2002@yahoo.com
