20/03/2024
https://www.linkedin.com/posts/livininluxury_investing-in-the-properties-in-ibeju-lekki-activity-7176310943671341056-K6T7?utm_source=share&utm_medium=member_desktop
When the Fourth Mainland Bridge in Lagos, Nigeria, opens in 2027, it will rank as the second-longest bridge in Africa. Africa will see the construction of a new bridge with eight lanes, three toll booths, and a projected length of over 24 miles at a cost of £2.3 billion. When it opens in 2027, Lagos, Nigeria's Fourth Mainland Bridge, will rank as the continent's second-longest bridge. The bridge's builders hope that the Fourth Mainland Bridge, which was constructed in 1990, will relieve traffic on the Third Mainland Bridge. Each carriageway would have four lanes and transport traffic from Lagos Island across the Lagos Lagoon to Ikorodu. It will be constructed by the CCECC-CRCCIG collaboration, which is headed by the China Civil Engineering Construction Corporation.Six other bidders were defeated by the Chinese company to secure the project's contract. Although there have been several delays in the project, work on the bridge has not yet started, despite government officials' hopes to have it operational by 2019. When work finally starts, it's estimated that just 800 homes will need to be destroyed to make room for the bridge—much fewer than the 4,000 that the Nigerian government had initially suggested. The Lagos-Ibadan Motorway and the Igbogbo-Lagos Road are two of the eight current routes that construction companies intend to align the bridge with. Once finished, it will have a 75-mph speed limit in place, allowing cars to speed across it quickly. Public transit users will be able to cross it even more quickly with a Bus Rapid Transit Lane. This allows buses to avoid traffic jams at nine interchanges on the bridge. In addition to facilitating traffic on the Third Mainland Bridge, it is envisaged that the bridge will enhance the current Eko and Carter bridges in the vicinity. After construction is complete, the Lagos State Government will manage the bridge using the Design, Build, Finance, Operate, Maintain, and Transfer (DBFOMT) approach.
Investment properties in this area;
👉 Regent Park Awoyaya NGN15 000 000 (10 000USD) per 300sqms
👉 Regent City Oshoroko NGN6 000 000 (4000USD) per 300sqms
👉 OJ & MARC Estate Ilamija NGN3 500 000 (2300USD)per 300sqms
👉 Regent City Odeomi NGN900 000 (600USD) per 300sqms
👉 OJ & Marc Gbetu NGN6 000 000 (4000USD) per 300 sqm
👉 Regent Park Akodo NGN3 500 000 (2300USD) per 300sqms
👉 Regent Town Epe NGN2 000 000 (1300USD) per 300sqms
