• This PPP contract will be based on the design, build, operate, and transfer (DBOT), and the rehabilitate, operate, and transfer (ROT) business models.
• The concessionaire will upgrade and rehabilitate the existing 49.5 kilometer long expressway.
• Phase I will involve the construction of a new ramp to carry traffic onto the Falomo Bridge; the construction of new interchanges, footbridges, walk-ways, and bus stops along the expressway; the construction of 6 kilometers of the new 20-kilometer-long coastal road, which will serve as an alternative road up to Toll Plaza 1; and the construction of 10 interconnecting link roads between the expressway and the coastal road.
• The concessionaire will also construct three toll plazas along the expressway and will be responsible for the operation and maintenance of the toll road during the concession period.
• Phase II will see construction of the remaining 14 kilometers of the coastal road, and is dependent on the Lagos State government's completion of civil works on the new coastal defenses that require additional financial resources.
• The project is expected to create 635 short-term and 1,146 long-term jobs, with a good proportion of the employees being women.