The Lagos State Government (LASG), in collaboration with Messrs. Mainland Freight Agency Ltd, has finalized plans to establish a commercial storage facility at Mile 2 in the Amuwo-Odofin area of the state, through the Office of Public-Private Partnerships (PPP).
According to a statement issued by Mr Ope George, Director-General, from the Office of Public-Private Partnerships, the commercial cargo facility at the Mile 2 jetty will be built on state land that measures 6,400 square meters and operates on a Build, Operate, and Transfer (BOT) basis for 10 years.
According to George, the facility, which will be entirely funded by Messrs. Mainland Freight Ltd, will be able to house a minimum of 200 containers at any given time.
He also stated that the initiative will serve to relieve traffic congestion created by container trucks on Lagos highways, as well as minimize the harmful gases emitted by the vehicles.
The proposed project, according to the Director-General, would be a stimulant for the state’s economy, creating many direct and indirect job possibilities while allowing up to 24,000 units of containers to be diverted from road transportation to the sea via barge services.
He also reaffirmed the Lagos State Government’s commitment to providing public infrastructure under a public-private partnership model.
Also recall that since the enactment of the LASWA Act in 2008, the state government has implemented a number of projects to help the waterways transportation system. The Ijegun-Egba Jetty, the Ebute-Ojo Ferry Terminal, and the Badore Ferry Jetty are only a few of the development projects.