In a move to redefine the landscape of urban development, the Lagos State Office of Public-Private Partnerships (OPPP) has entered into a strategic two-year alliance with the Institution of Public-Private Partnerships Hong Kong (IPPP HK).
This Memorandum of Understanding signals a bold step forward in Lagos’ quest to bridge infrastructure gaps through high-level international cooperation and shared expertise.
The Special Adviser to the Lagos State Governor on PPP, Mrs. Bukola Odoe, confirmed the development on Thursday, noting that the agreement was formalized on the sidelines of the 19th Asian Financial Forum, a premier global gathering convened by the Hong Kong Trade Development Council to foster economic synergy.
Mrs. Odoe disclosed that the partnership establishes a robust framework for institutional cooperation between Lagos State and Hong Kong’s elite stakeholders.
She added that By aligning with one of the world’s most sophisticated financial hubs, Lagos aims to modernize its PPP initiatives, focusing on sectors that promise the highest social and economic impact for its residents.
She said that the engagement provides a vital opportunity to benchmark emerging infrastructure models and explore new pathways for investment.
She emphasized that the alliance is not just about signing documents, but about deepening strategic relationships that will translate into tangible growth and innovative real estate solutions for the state.
This unique cross-continental alignment, spearheaded by Chairperson Ms. Alina Aeby, placed Lagos at the center of high-level discussions involving cutting-edge technology and large-scale infrastructure development.
