Lagos state is home to one of the largest urban development projects in Africa that will solve the states problems with congestion and infrastructural decay. Eko Atlantic will be a city built on 10 square kilometers of land reclaimed from the Ocean, where quarter of a million people and businesses will call home. Uche Okoronkwo of CNBC Africa takes us through the projects journey till today.
AN INVESTMENT OPPORTUNITY ON AN UNPRECEDENTED SCALE
Eko Atlantic is a new coastal city being built on Victoria Island adjacent to Lagos, Nigeria, to solve the chronic shortage of real estate in the world’s fastest-growing megacity. It is a focal point for investors capitalising on rich development growth based on massive demand – and a gateway to emerging markets of the continent.