The story of Eko Atlantic starts here…
Eko Atlantic city’s story started in 2003 when the Lagos State Government was in search of a permanent solution to protect Bar Beach in Victoria Island from the effects of severe coastal erosion, and to safeguard Victoria Island from the threat of flooding. Between 2003 and 2005 South Energyx Nigeria Limited, the developers and city planners of Eko Atlantic, engaged in a feasibility study with international experts to solve the problem once and for all. This chronology begins in 2005.
Our CityThis new Nigerian city will rise from what was in existence over a hundred years ago. Land reclamation work is already on track to create solid foundations extending over ten square kilometres. This will support a new urban development the size of the Manhattan district of New York City.
FutureLagos and Eko Atlantic are expected to become the new financial epicentre of West Africa by the year 2020. By that time, Nigeria will be one of the world’s 20 largest economies. Eko Atlantic is the essential city for Lagos currently under construction off Bar Beach, Victoria Island.
ReshapeEko Atlantic will change the face of Africa and will help Lagos State transform itself into megacity status on the world map. This state will provide space for the 25 million people expected to live and work in the region by the year 2015. Eko Atlantic is a creative and ambitious development and is rapidly becoming a source of great national pride in Nigeria.
Eko Atlantic, Banana Island’s 22% value rise in 12 months means strong potential for high ROI (10/28/2014) - Business Day Newspaper, October 28th, 2014, Story by: Chuka Uroko The immediate fallout of the improvement in Nigeria’s macro-economic indices, especially with relatively stable interest rate, GDP growth and controlled inflation, are the rise in the value of investment asset class, investor-confidence and increased demand for real estate assets. Real estate, being the queen of [...] Lagos NIESV in search for opportunities in Eko Atlantic project (7/2/2014) - The Guardian Newspaper – 24th February, 2014 – Story by: Emmanuel Badejo Convinced about the myriad business opportunities embedded in Eko Atlantic City project, members of the Nigerian Institution of Estate Surveyors and Valuers (NIESV), Lagos State Branch last week told its members to ensure that their role in the ambitious project was not taken [...] Stakeholders eye new opportunities in Eko Atlantic City (7/2/2014) - The Punch Newspaper – 24th February, 2014 – Story by: Maureen Azuh Stakeholders in the real estate industry have expressed optimism that the Eko Atlantic City project will provide new frontiers for professionals in the built environment. At a business luncheon organized by the Lagos Branch of the Nigeria Institution of Estates Surveyors and Valuers, [...]