Infrastructure Bank, Marine Express To Construct Lagos Metro Rail

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TRAIN1The Marina Express Train Service Ltd (METSL) is  to collaborate with The Infrastructure Bank (TIB) to construct the proposed Lagos Metro Rail Transit (LMRT) Red Line project.

This was disclosed by the Minister of Transport, Sen. Idris Umar, recently in Abuja at the ceding and handing over of the Right of Way (ROW) for the Iddo-Agbado Corridor for the proposed rail line.

The proposed Lagos State Mass Transit Train Services (MTTS), named  “Red Line’”, will operate within the Lagos metropolis.

According to Umar, the railway line  would significantly impact on the growth and development of the Lagos-Ogun states industrial and economic zones.

He said the MTTS Red Line was projected to carry a large number of passengers per day, freeing up an estimated four to five hours productive time to each commuters on Agbado-Marina axis, adding that the project would address the transportation problems in the commercial nerve centre of the country with estimated 20 million population and also enhance economic development.

Umar called for private sector collaboration in other states of the federation to facilitate further infrastructure development in the country.

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