The government of Imo State recognizes the fact that there is a long term link between transportation and the State’s economic productivity, growth and stability within the context of the government’s commitment to sustainable development.
A massive rehabilitation and construction of roads, most especially the outer ring road is being undertaken by the government.
The outer ring road also known as the Imo freeway is a super-highway passing through the twenty seven (27) Local Government Area of the State. The government intends to build toll plazas along these roads for the purpose of collecting fares, creating an environment and facilities for relaxation, services and conveniences to the road users. Each plazas shall have service facilities such as fire station, eateries, conveniences shops, etc. Revenue from the toll plazas and service charges shall be used to maintain the roads and provisions of other social services by the State on a sustainable basis.
These plazas shall be developed and managed under the public private partnership model to ensure long term sustainability and efficiency in the collection of the fares, accountability and maintenance of the roads and the plaza facilities.
The government has approached international financial institutions for funds to finance the road project and toll plazas. It is expectation of government that these projects will be self financing and funds generated from toll plazas shall be sufficient to repay the financial facilities obtained from these institutions.