Can Eko Atlantic Be The Next Dubai?

Eko Atlantic City, a 10 million square-metre city built on the Atlantic Ocean along Ahmadu Bello Way in Victoria Island (VI) of Lagos State, is Africa’s first modern smart city.

The multi-billion dollar residential and business development is well planned to accommodate various commercial and residential properties inclusive of high-rise architectural masterpieces. Eko Atlantic aims to reduce real estate shortage in upscale Lagos State as well as make Lagos State the new economic capital of Africa. Eko Atlantic is on the right path to significantly boost tourism in Nigeria.

The city, being financed by a subsidiary of African Conglomerate, Chagoury Group, has many facilities including good road network, drainage, independent power, fresh air and a feeling of Dubai.

Eko Atlantic is expected to play host to over 250,000 residents and over 400,000 people working in it. Lagos State Government will realize 10% of all revenue generated by the modern Eko city.

One of the towers in the city, Eko Pearl, has been completed and people are already living in it. Another tower which is yet to be completed is the Azuri Towers, consisting of three high-rise towers – one office and two residential towers on a footprint of 13,500 meters with five concrete flooring.

Azuri 1 is the tallest residential tower in Nigeria, West Africa and the second tallest in Africa. The Azuri 2, a 29-storey building, is also one of the tallest residential buildings in Africa, while the Azuri offices is 32 floors. When completed, 130 families will be living in the tower.

The city which has continuously played host to the Lagos Marathon in the last 5 years is being referred to as the Dubai of Africa due to its attractions.

Can Eko Atlantic City Become The Dubai of Africa?

Eko Atlantic City is off to a great start with modern planning, ample land space, solid investors and a great vision. Nonetheless, the city is several milestones away from achieving 10% the greatness Dubai achieved within its first decade.

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