Company Description
Lagos Metropolitan Area Transport Authority (LAMATA) is a public sector agency responsible for planning, implementing, and regulating urban transport systems in Lagos, Nigeria. It oversees major infrastructure projects including metro rail and bus rapid transit, and coordinates investment, policy, and stakeholder engagement to improve mobility and sustainable urban transport.
Countries of Operation
Nigeria
Ownership of Company
Local Company
Number of years since incorporated
24
Project Pitch
The LAMATA Purple Line is a flagship sustainable urban rail project designed to expand climate-resilient mass transit in the Lagos metropolitan region. The project comprises approximately 60 km of rail infrastructure with 17 stations, connecting Lagos and Ogun States and integrating with the existing Blue and Red Lines of the Lagos Rail Mass Transit (LRMT) network. It aims to reduce congestion, lower greenhouse gas emissions, and improve access to economic opportunities by enabling a modal shift toward low-carbon transport. With an estimated cost of US$2.0 billion, the project is structured with 10% public equity from Lagos State and 90% debt financing to be mobilised from Development Finance Institutions and commercial lenders. The project is proposed to be constructed through an EPC model.
Team
Upon request
Type of Project
Governmental/Institutional project
Stage
Annual Revenue (in EUR)
5.000.000 – 10.000.000 EUR
Number of employees
> 500
Total Project Cost (in EUR)
1.7 billion
Financing needs (in EUR)
1.7 billion
Type of financing needed
- Debt | Dette
- Grant | Subvention
The Company is looking for
- Financing
- Technology Solution/Equipment
- PPP (Public-Private Partnership)
Planned allocation of fundraising capital
Upon request
