Lagos State Government, Ministry of Finance Incorporated (MOFI) and China Harbour Engineering Company (CHEC) on Thursday signed a Memorandum of Understanding (MoU) for the Green Line Rail Project in Lagos.
The MoU, witnessed by Lagos State Governor, Mr. Babajide Sanwo-Olu; Minister of Finance and Coordinating Minister of the Economy, Mr. Olawale Edun; Special Adviser to the Governor on Infrastructure, Engr. Olufemi Daramola; Managing Director of Lagos Metropolitan Area Transport Authority (LAMATA), Engr. Abimbola Akinajo, and top officials of the Federal Government and China Harbour Engineering Company (CHEC), was signed during the ongoing Forum on China-Africa Cooperation (FOCAC) in Beijing, China.
The Ministry of Finance Incorporated and China Harbour Engineering Company will source the funding to design, finance, operate and maintain the project.
The Green Line Rail Project, when completed, will…
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