Eko Atlantic to Become West Africa’s Financial Hub

• Eko Atlantic to Become West Africa’s Financial Hub

The Eko Atlantic City will accommodate the headquarters of the sub-region’s leading banks, financial institutions and international corporations, its developers have said.

According to the developers, South Energyx Nigeria Limited (SENL), a subsidiary of the Chagoury Group, a part of the smart city has been reserved for the development of a business district. The district will be 650,000 square metres and will feature the Eko Boulevard, a two-kilometre long, 60 metre wide central boulevard similar in size and look to New York’s Fifth Avenue and Paris’ Champs-Élysées.

Last week, while conducting a business delegation from the United Kingdom round the city, the Development Director, South Energyx Nigeria Limited, Mr. Pierre Edde, said the district was designed to host many headquarters of companies in Nigeria.

“The Eko Atlantic City Business District is a strategic and prestigious location for offices, with a state-of-the-art 24/7 infrastructure network, including 21st Century communications, smooth transport system and uninterrupted electricity, making it a compelling place to work,” Edde said, explaining further that upon completion, Eko Atlantic would be home to 500,000 residents with an expected commuter volume in excess 300,000 people daily.

One of the delegates, Akin Thomas, Chief Executive Officer of AKD Solutions Limited, described Eko Atlantic City as an amazing project, commending the developers for their commitment to Nigeria’s economic development.

Another delegate, Eisen Chok, Director, Synergict Connect Limited, expressed delight at the progress of the project.

Head of Sales and Marketing, Chris Joe Energy, Fatai Amoo, said he was impressed with the vision behind the Eko Atlantic project.

“This project is indeed, revolutionary and the innovative approach used to construct such city is a true testimony to future human habitat development not only in Lagos, Nigeria, but across the globe,” he said.

He also praised South Energyx Nigeria Limited’s unique waste disposal management strategy, saying that’s how waste management should be handled in futurist cities and developments.

Eko Atlantic City is a new city being built from reclaimed land on the Lagos Atlantic Ocean, Bar Beach, on Victoria Island.